Post
Topic
Board Trading Discussion
Re: binance vs decentralized exchange
by
posi
on 26/08/2023, 10:27:07 UTC
I have been meaning to get back into trading and futures for a while. I left binance do with KYC but thinking of sucking it up and excepting it. Looking at alternatives though dydx came to my attention. What are they like and is there any other good Perpetual exchanges that are non KYC




KYC is a barrier that makes many people hesitate and stay away from CEXs, but honestly, you won't find a decentralized exchange that can offer a trading experience as good as CEXs. DEXs has a lot of limitations and that's why many traders don't choose it and accept KYC to use centralized exchange. Almost no option is perfect for traders, it can be said that using CEX is almost a must if you still want to continue as a trader.