Quote from: jacafbiz on May 21, 2023, 07:26:08 PM

I know people do call out all these centralized exchanges because of their shortcoming but people forget that they are the ones that carried this space so far, the contribution of exchanges like Bitfinex, Coinbase, Binance and Bittrex that just declared bankruptcy. There is no Decentralised exchange that can replace CEX for now, how do you think the fiat enters this space? We just need to hold them to high standard and continue to call them out if we suspect any red flags.

As the industry continues to mature, it's possible that decentralized exchanges will improve in functionality and become more viable alternatives to centralized exchanges. It's important to monitor advancements in the DEX space and support projects that prioritize user control, privacy, and security.