Decentralized Exchange (DEX) is the future. For now, a lot of people still don't appreciate these decentralized exchanges and they have some reasons for it.
Like why they intend to stay using centralized up until now.
I'm not telling centralized exchanges are really bad, but there are just pros and cons to both centralized/decentralized exchanges. Depends from your goal if decide which one to use.
There is no future for decentralized exchanges. In a few years, most of the cryptocurrency market will be regulated by the SEC and similar regulators. Recently, in a closed group, there was a conversation with a representative of a major exchange from the top 20.
Regulators send them recommendations, but do not force them to comply with these requirements. The requirements of the SEC apply to most countries, and if a crypto exchange refuses to comply with these requirements, then it will be banned in many countries. The same applies to large decentralized exchanges. They will all cooperate with regulators.Of course, there will be ways of decentralized exchange in new projects, but they will be greatly inferior in terms of liquidity and opportunities.
I can't agree with this... there will always be decentralized exchanges. And I also think it's the future, the bottom line is that with DEX exchanges a user can keep some level of anonymity and privacy and at the same time have the highest possible protection of his funds, people just need to recognize that. CEX exchanges are holding more than 90% of the crypto market, but with time people will learn more about crypto and decentralization and that will go in favor of DEX.
DEX exchanges are fighting for "Volume", and I think it would be better for all of us to see them winning. I guess we are talking about decades here, but DEX is a lot more honest approach than CEX, where a handful of people can bully others if they feel like it (latest FTX downfall).