Post
Topic
Board Altcoin Discussion
Re: After FTX collapse, some call for a return to decentralized roots
by
Sethrey
on 07/02/2023, 10:06:59 UTC
We should really choose a centralized exchange that will not cheat or anything else. However, it can also happen in a trusted centralized exchange because there is a problem of greed among the employees who want to run away large sums of money from the coin holders or from the exchange itself. But many people still use centralized exchanges because they find what they want that they haven't been able to get from decentralized exchanges. And I agree that decentralized exchanges need to improve their service to users to have the opportunity to attract more members.
Can you please share what's wrong with the decentralized exchanges service?  As for me, the main advantage is when it's no KYC. All the other is not interesting. I don't want everyone to check my funds and transactions.