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Topic: will decentralised exchanges be the future ? - page 2. (Read 1941 times)

newbie
Activity: 73
Merit: 0
November 12, 2018, 03:35:51 AM
#88
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 will be applied in digital currency trading because it has advantages such as safe, cheap and very efficient. For the future, blockchain technology is the solution for all sectors of life to be better.
hero member
Activity: 1008
Merit: 501
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.
True thats what makes many people come in bitcoin. decentralization which makes many people interested in using this financial
system. privacy will be an expensive item in the future. so I think there will be more decentralized exchange in the future
member
Activity: 532
Merit: 15
yes, as that will help minimizing risks and maximizing security, but they need to work on increasing the speed though.
hero member
Activity: 914
Merit: 500
I agree with Vitalik Buterin.
Quote: "I definitely personally hope centralized exchanges burn in hell as much as possible".

But at the beginning of new era of cryptocurrencies, existence of centralized crypto exchanges is inevitably.
full member
Activity: 1099
Merit: 116
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.
member
Activity: 560
Merit: 10
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.
newbie
Activity: 84
Merit: 0
DEX should be the future, only problem is that CEX which have made a name for themselves in the space aren't interested in going that way.

Seems everyone is giving into the wishes of regulators against the peoples. One exchange making effort in this regard is binance.

Cryptocurrencies are suppose to be decentralized but no one wants to actually think that decentralized exchanges should also drive this.

Thanks to ethereum's efforts at giving room for them. Only problem with ethereum DEX is their little complexity, besides not being easily shutdown,

the security of traders funds is key, so I think decentralized exchanges are the future. But until a major player in CEX embraces the idea

(at least to support them with the already acquired liquidity/volume) of DEX, we would still be far off. Kudos though to bitshares, crypto-bridge, openledger and

binance
full member
Activity: 476
Merit: 100
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.
jr. member
Activity: 412
Merit: 3
The decentralized foundation can limit the loss of money. But in my opinion it also has weaknesses that are long order matching toccs, slow processing speed is not like the trading floor like binace or other large floor.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Centralized and decentralized exchanges have their own advantages and disadvantages.
Centralized exchanges are less secure and more prone to hackers whereas DEX are more reliable and more secure.
CEX have more volume to trade and process the trades rapidly but DEX are slow since they have low volume.
Similarly, there are more pros and cons for each and it depends on the trader on what aspects he want from the exchange.
member
Activity: 350
Merit: 10
i don't think centralized exchanges are going anywhere or even changing in the future. they may become more secure but that would be about it.
at the same time decentralized exchanges will grow but as an additional option that you can use if you wanted to go that rout and needed the decentralization. but there is still a lot of downsides to them for example you can not trade with fiat on a decentralized exchange, it still remains easier to use  centralized ones for that matter.
Of course, the inability to trade with Fiat is a minus for decentralized exchanges, but in the future, when cryptocurrency will be used as money and Fiat’s influence will be less than now, then decentralized exchangers will be more popular and in demand. Decentralized exchanges are the future and they will continue to exist.
newbie
Activity: 84
Merit: 0
DEX should be the future, only problem is that CEX which have made a name for themselves in the space aren't interested in going that way.

Seems everyone is giving into the wishes of regulators against the peoples. One exchange making effort in this regard is binance.

Cryptocurrencies are suppose to be decentralized but no one wants to actually think that decentralized exchanges should also drive this.

Thanks to ethereum's efforts at giving room for them. Only problem with ethereum DEX is their little complexity, besides not being easily shutdown,

the security of traders funds is key, so I think decentralized exchanges are the future. But until a major player in CEX embraces the idea

(at least to support them with the already acquired liquidity/volume) of DEX, we would still be far off. Kudos though to bitshares, crypto-bridge, openledger and

binance
newbie
Activity: 42
Merit: 0
Cryptocurrencies and blockchain-based technologies are blooming.  market capitalizations are through the roof, and user adoption has reached a truly global scale. Blockchain’s increasing utility in diverse use cases is moving the world closer to a trustless economy, thus removing the need for third parties to exchange goods and services.
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
Right now dex's not enough capable to witdraw heavy activity.

But they are getting better and better everyday. One day, they may become the real deal. So, yes. They can ben the future.
jr. member
Activity: 252
Merit: 2
Decentralized trading platform is the incoming and safest trading platform form,the charges are quite easy,and your fund will always be with you,so I believe it will be better than centralized..
newbie
Activity: 23
Merit: 0
i have a confidence that decentrailized exchange will be our future because digital currency is developing more and more. In near future, decentralized exchange will replace centralized exchange
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
As long as there are no reason for people to move to decentralized exchanges, they would continue to support centralized exchanges. The 9/11 event was the trigger for the USA to go to war and also to infringe on people's privacy without their permission or probable cause and this sparked a new awareness for individual privacy.

We need a 9/11 wakeup call for people to understand why they need to use decentralised exchanges.  Roll Eyes

Most people are content with centralized exchanges, because they do not know the reason why they need to use decentralized exchanges and it is also what they are used to with the fiat systems.
member
Activity: 574
Merit: 12
I believe that over time, the demand for the use of decentralized exchangers will grow because many will consider the established tax rate in their state to be too large and unfair to find decentralized exchangers to avoid paying such a tax. In addition, it will be quite realistic, the states will not be able to receive information from such exchangers.
hero member
Activity: 2464
Merit: 519
In times like this, Everyone can easily see the advantages of decentralized exchange. Decentralized exchange are not contributing to fake volume and the trade on the exchanges are faster because all the sell and buy orders are real. No extensive registration for safety e.g. the 2 factor authentication that does not make the decentralized exchange safer. The only missing aspect is the exchange for fiat.
full member
Activity: 345
Merit: 100
Everything is possible, and this case is also considered, because there are basic rules while no one wants to change them, so I think soon everything will change and it will be instilled in the work.
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