Decentralized exchanges just aren't very viable in my eyes at the moment because most of them lack in either volume, number of pairs or both. Most of the decentralized exchanges that I've seen over the last few years have greatly improved on the UI side of things to the point that they're decently accessible for even newer traders, and they usually do not take significantly more time to load than centralized exchanges do, but they're just not up to par with more centralized exchanges at the moment even though I do support them.
I could certainly see decentralized exchanges becoming more popular in the future when KYC likely becomes more and more strict and more platforms begin requiring KYC that currently don't, however.
Topic: Why not decentralized exchange..? - page 8. (Read 1595 times)
If we comparing centralized & decentralized exchange both of them have their own ability, but the reason why centralized always more get attention from decentralized exchange because the volume it self. Decentralized exchange have a small volume if we compare with centralized exchange, also not everyone want really get a fully control of their asset maybe a bit lazy. Centralized exchange also have a good UI Design, went decentralized more bit complicated about the platform than centralized exchange.
maximum decentralized exchanger is difficult to understand for newbie.in my personal opinion Decentralized exchanger take time to load, user interface and take and it's not easy to make a trade for newbie.if newbie don't know how to use decentralized exchanger then they have risk to loss his money,First time I alost few bucks in etherdelta and few days ago I saw a comment where one trader telling that he lost his money in binance dex.though this is not exchanger fault,That was my fault.
In my opinion decentralized is one of the great reason that people love or apriciate bitcoin. I know there is many things too but its not about that or bitcoin. I am not too much experience able person in crypto world but with all my little experience i understand that people want a good project which is decentralized. But my question is then why we don't accept properly decentralized exchange..?
There is many point that people should trade in decentralized exchange. But what is the problem that every time decentralized exchange failed to stand up..? Was it us who don't show much interest about it or it's the outhority who didn't provide to us properly..? Is there any chance that decentralized exchange will stand up..?
Please share your thoughts.
There is many point that people should trade in decentralized exchange. But what is the problem that every time decentralized exchange failed to stand up..? Was it us who don't show much interest about it or it's the outhority who didn't provide to us properly..? Is there any chance that decentralized exchange will stand up..?
Please share your thoughts.
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