Quote from: tonyja2017 on February 22, 2019, 02:03:50 PM

Quote from: mrdeposit on February 22, 2019, 08:33:06 AM

What does DEX mean? decentralized exchange.lol
I guess Binance DEX will bring a different perspective to the meaning of decentralized exchange. Until now, the decentralized exchange seemed useless, but many things will change if the name is Binance.

I don't think non-central exchange is useless. There are a lot of traders participating in decentralized trading floors to hunt for cheap tokens and surf easily. I and more than 20 people in my group are still surfing at decentralized exchanges and it is quite effective.
But the problem here is that Binance's security is as certain as it was at the beginning after it was decentralized. Investors believe in Binance because their security system is good, and this decentralized news seems unlikely if it encounters any minor problems.

I think that DEX is useful for more qualified people rather than mass adoption. Remembering way back the flipping activity and also trading for groups that like to stay unknown.
Due to the lack of interface and UI it is not helping mass adoption. Binance DEX is better than what we saw before: loads quicker, interface a bit nicer. But lets be honest which exchange has more users: centralized or decentralized? And the reason is mostly in user friendlyness (in terms of UX and UI) and ability to have orders of varius size being matched. May be Binance will somehow cross match with orders from centralized exchange and that will do it. We will see.

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