Post
Topic
Board Altcoin Discussion
Re: How would crypto fare without centralized exchanges?
by
100xcoin
on 03/05/2022, 18:23:32 UTC

On centralize exchanges accounts of users can be blocked. Also there are hackers who hack centralize exchanges. That is why many people prefer to use DeFi. For DeFi security is important like this https://twitter.com/MissionDogeOne/status/1506922981636952066

Centralize exchanges can offer the tools such can not offer the decentralize exchanges.
Thanks leverage it is possible to make a big profit on trading. That is why centralize exchanges are so popular now.

It is very important to check the trading volumes on centralized exchanges, because liquidity is very important for cryptocurrency exchanges.
Also it is necessary to pay attention to the projects that cryptocurrency exchange offers for traders for profitable trade.