Post
Topic
Board Wallet software
Re: Mixing coins through exchanges
by
Ratimov
on 06/09/2023, 10:19:30 UTC
Of course, this cannot happen, because DEX is not an absolute analogue of CEX, everything is different there.
If you really think about it, though, the difference in between, is that the CEX comes with shitcoins. If you're concerned about multi-platform services, then you want to trade shitcoins. If you're concerned of converting cryptocurrencies and doing off-chain swaps, then you want shitcoins. If you don't find enough liquidity on DEX, then you want shitcoins. I have been buying and selling bitcoin with absolutely no problem, and with sufficient bitcoin liquidity all the time in DEX.

Exchanges, services, and other exchangers do not revolve around bitcoin alone. You speak from the point of view of a bitcoin maximalist, but I am used to evaluating absolutely the entire crypto industry, especially that part of it that has real utilitarian features, and not just speculation.

Sometimes there come moments when bitcoin transactions become completely unprofitable. In this case, you should always have a backup plan. We all remember the May events, when bitcoin fees were 700-900 satoshi per byte, while those altcoins that you call shitcoins quietly provided the opportunity to make a transaction for 10 cents within 1 minute. Diversification is always needed, as Bitcoin is not perfect.