Topic: will decentralised exchanges be the future ? (Read 1941 times)
I prefer in exchange for decentralization. in my opinion because this is very good. not held by the exchange voters. This is very nice. because it avoids cheating
Decentralized exchangers are more secure and reliable as for me. I think they will occupy a large niche in the future.
Am also looking toward DEX as a main exchange to trade my coins and token as most of the centralized exchange are very risky to keep money in for safety reason as they can close shop anytime and the funds are gone or got hack which I common now in most of the exchange and why I believe DEX will be the best result for safety purpose .
Yes it will be the future most especially if the government didn't approve the legal of cryptocurrency in future or ban it,most traders will move to decentralized exchange.
very precisely what you convey in your opinion because we know that the problem is only the legality of the government and that makes it difficult to develop Yes, Decentralized exchanges will be the future for exchanges of cryptocurrencies. It is safer than any third party sites like Binance, Bittrex, Hitbtc etc. People want to save his coins in his own wallet.
Decentralized exchanges in my opinion are safer and faster, because they do not involve third parties. Because all this time, third parties have always attracted high transaction costs, so that the greatest benefits are enjoyed by them. Yes, absolutely. Decentralized exchanges are the future. And right now, I think there are exchanges that are proving to have lots of potential. Came across this new coin/distributed exchange network called Virie, which allows users to buy and sell currencies, commodities and services without the need of using third-party services. One could eventually purchase a house through this mechanism. This potentially, will facilitate all financial transactions by making them less expensive and more efficient for everyone. Within this system is also a marketplace and escrow system where one could buy and sell coins directly (not through the stock exchange). What do you think?
https://virternity.com/virie
Yes. The idea of the entire crypto currency space its built on a decentralized framework and idea. In the future for crypto to gain its adoption decentralised exchange have to take over
As bitcoin and cryptocurrency are developing sharply, i think that decentralized exchange will develop at the same time.
For me it's a yes because every coins releasing for ICO or projects thats also know and using tokens for their business use getting listed in trading markets so decentealised exchanges is our future for me.
Decentralization is a must because for the future of competition, efficiency will increase revenue and product quality. For cryptocurrency use in trade and investment, it is very efficient compared to the use of trading in fiat money such as forex and stocks.
Yes it is the future because decentralization is the blockchain technology and it is very advanced technology and very secure also banks wants to adopt blockchain so it will be the future.
Have been searching for decentralised exchanges to trade on for security reasons after watching Andreas M. Antonopoulos - https://www.youtube.com/watch?v=hi_jaw0dT9M .
So far the Bitshares DEX has been the most liquid and what seems as truly p2p but other Ethereum based dexs are potentially good also. Will DEXs really be the future ? Or will centralised exchanges slowly become decentralised.
So far the Bitshares DEX has been the most liquid and what seems as truly p2p but other Ethereum based dexs are potentially good also. Will DEXs really be the future ? Or will centralised exchanges slowly become decentralised.
it is very likely that in the future decentralized exchanges will become more popular due to transactions. p2p.
It seems so but unfortunately governments are also cracking down on them and because of that decentralized exchanges are moving towards kyc as well.
centralized exchange can be more flexible, when the trend shows that DEX is more popular, centralized parties can change their regulations to become hybrid exchanger that implements a decentralized and centralized system
now everything is unpredictable for the future, where EtherDelta was once in a case like Bithumb who was reported as being hacked
now everything is unpredictable for the future, where EtherDelta was once in a case like Bithumb who was reported as being hacked
People are into cryptocurrency because of its being decentralized and anonymous. This is the beauty of cryptocurrency and the future of the financial transaction. Decentralized exchange are few now but because of the KYC/AML many people will not like to expose their documentation online for transaction that is the main reason that decentralized exchange will always be preferred.
One reason why people like cryptocurrency is anonymous, because many people who don't like their identities are known to have a lot of money, especially fear of taxes. The next reason, cryptocurrency uses decentralization which has proven to be safer and more efficient to use than using banking services. Even banks themselves are now interested in developing blockchain that is expected to become the technology of the future.
For me it is yes. Cause Decentralized exchange is very safest for our funds and it is better than Centralized exchange. I think in future all centralized exchange will move to Decentralized exchange.
No one will let truly decentralized exchanges to exist. That's a pipe dream, really.
Yes, decentralized exchanges will be the future. because by looking at the proliferation of many decentralized exchange projects, I am pretty sure that we will witness competitive products in the near future in the next 6-8 months.
DEX might have a future if developers find new ways to rise its working speed. I think, DEX also will grow as an additional option that you can use if you wanted. CEX is going no where and they will exist together in the future.
I don't think any exchange is about saving the future, regardless of its nature. Look at IDAX - a "decentralized" exchange that in fact is centralized. If other exchanges go the same way, nothing good await us.
An exchange is an entity you trust to keep your money safe... and the problem with centralized exchanges is that your money is never totally safe... it always depends on the exchange security and ability to keep your private keys...
On decentralized exchanges, you hold your own keys.... so ....
I don't know the future, but it makes sense that all these centralized exchange giants will venetually start adapting and decentralizing so that they don't loose the market...
I really think decentralization is the future...
On decentralized exchanges, you hold your own keys.... so ....
I don't know the future, but it makes sense that all these centralized exchange giants will venetually start adapting and decentralizing so that they don't loose the market...
I really think decentralization is the future...
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