Topic: will decentralised exchanges be the future ? - page 5. (Read 1941 times)
There are no chances of decentralization of cryptocurrency exchanges although, it can be greatly centralized in the future. However, if governments stood barriers in trading and exchanges then this can seriously affect the exchanges and can also result in the decentralization of exchanges very badly but the loses done by any of this unusual activity will be limited to a specific amount in case of any relief given to investors.
Decentralized exchange will be the future but right now there's only a few dex that's good to use. The problem with dex is right now there's only a little trading volume and there's no liquidity that makes trading harder, people complain about the expensive fees or dodgy action that centralized exchange does but they have a great trading volume and people will prefer it as they can trade easier and the ui is easy to use.
It's truly you'll be able to get what you've paid for so if you're using dex then you shouldn't demand for good service plus high liquidity. CEX have good liquidity pool because its team had doing some marketing strategy to attract more traders. And I guess these exchange sites will be the same as they were and nothing will change and besides no centralized site will be glad in switching to decentralized one. That's too absurd, I think.
In effect, small investors were dumping their investments with no profit but a loss; leaving bitcoin a decrease in its price which will affect the future ability of the currency. But it is the future of the exchanges and even if that happened to the marketl; it will still be the market of decentralization and it really is the best and secure way of exchanges. It is the point that every one of us is trying to make the best and the towards our own improvements and the development of technology enhance the future by this exchanges using computerized and advance technology. Thus, it will still be the future of exchange even if the market today is at its bearish.
We cannot always conclude to what we expect and what we say. There are some advantages and disadvantages by choosing exchanges. We have these exchanges that requires private key so that you can hold your informations privately and there are some exchanges that holds a huge amount of investment to the point that you don't have to worry. i always prefer exchanges decentralized or centralized but has lot of users/members and big traders.
Any exchange is the best. The team of the exchange can protect everyone. Exchanges like IDEX, DDEX use other methods to limit the personal information of each customer. They are trying to create the best environment. Everything is best with users who requested anonymity for personal information.
It is a great platform of the future but I doubt that the government would not oppose the idea. The reason they are in for regulations and constricting the growth of exchanges is not because of fraud prevention per se, but rather control from the money inflows and outflows that they can tax hugely. With that said, they will try to get their hands on these decentralized exchanges if ever it got the attention it deserves. Even centralized exchanges could conspire against the rise of decentralized exchanges since it might urge traders to just do atomic swaps rather than deposit, wait, trade, and withdraw.
A decentralized exchange is a top-notch solution for trusting third-party intermediaries to take care of your funds. While it offers convenience and safety to the traders, the platform still is susceptible to hacks and whatnot, as it is with any other trading platform and software in general nowadays. Count also the general knowledge of the public about a decentralized exchange's complexity and government opposition and you'll have a hard time getting these out in the open with strong support.
A decentralized exchange is a top-notch solution for trusting third-party intermediaries to take care of your funds. While it offers convenience and safety to the traders, the platform still is susceptible to hacks and whatnot, as it is with any other trading platform and software in general nowadays. Count also the general knowledge of the public about a decentralized exchange's complexity and government opposition and you'll have a hard time getting these out in the open with strong support.
I very much hope that there will be a decentralized exchange and in general there will be a whole world crypto decentralized! if this happens, then people will have more confidence in the crypto market! there are already a lot of exchanges where the exchange is decentralized and they are very popular!
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.
Ya i think people will lose interest with centralized exchange that everytime can happen a hack or an "escape" from it's owner.
So using decentralized is more safe, but right now decentralized exchange only for eth based.
A decentralized trading platform can limit the risk of losing money to investors because the capital remains in your wallet, not your wallet. However, the limitation is that order matching and processing speed are not as fast as those of binance, bittrex.
Trading cryptocurrencies is a risky business, but there is no reason that traders should face risks other than those they are already willing to take. The blockchain community understand this problem and several entrepreneurs are taking it upon themselves to create what they believe will be the future of trading. Decentralized Exchanges. The central idea here is that traders should remain custodians of their funds.
Trying to find the decentralization in the market is really probable where the society is a non-government controlled and people made their own innovative improvements towards the community - thus this is the future of crypto and the present starts now. Market exchanges will be decentralized and even if it is decentralized - it is still the most secure transaction of financial value.
I don't feel too comfortable using the decentralized exchanges. They seem to be more complex with higher transaction fees than the centralized exchanges.
maybe at this time it is true that the amount of fees must be paid, especially if transaction is small. but with decentralization we can send things faster, and this is technological progress 
Decentralized exchange will be the future but right now there's only a few dex that's good to use. The problem with dex is right now there's only a little trading volume and there's no liquidity that makes trading harder, people complain about the expensive fees or dodgy action that centralized exchange does but they have a great trading volume and people will prefer it as they can trade easier and the ui is easy to use.
I'm not so sure if they will ever get bigger than the current biggest centralized exchanges, like Coinbase or Bitfinex.
That said, I do think they have a very bright future ahead of themselves. I've been using Bitshares for many years now and they've seen quite a boom lately.
Heck, last week I even saw someone offering to build white label Bitshares exhanges for a fee.
That said, I do think they have a very bright future ahead of themselves. I've been using Bitshares for many years now and they've seen quite a boom lately.
Heck, last week I even saw someone offering to build white label Bitshares exhanges for a fee.
I don't feel too comfortable using the decentralized exchanges. They seem to be more complex with higher transaction fees than the centralized exchanges.
I don't think it will be but for sure the interest will increase. While the majority doesn't care about decentralization people looking to avoid regulation will use more DEX. Currently what is stopping people to use it is they don't need yet the advantages related to DEX and secondly regulations are not yet limiting people. Also people usually don't find the decentralized exchange user-friendly
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Have been searching for decentralized exchanges to trade on for security reasons
I collected a list here if it can help you 
I do not think that the future will be decentralized exchanges for many reasons I will summarize:
- New investors: Many newcomers do not care about decentralization, they only focus on profits and guaranteed trades, decentralized platforms do not provide this feature.
- Current situation: So far the trading values of the central platforms are higher.[1]
- Regulatory decisions: If any market regulation occurs, the central platforms will be preferred.
- Problems when using those platforms.[2]
[1] Top 100 Cryptocurrency Exchanges By Trade Volume
[2] Localbitcoins.com is illegally holding my 9.3 bitcoin on "escrow" since may 2015
- New investors: Many newcomers do not care about decentralization, they only focus on profits and guaranteed trades, decentralized platforms do not provide this feature.
- Current situation: So far the trading values of the central platforms are higher.[1]
- Regulatory decisions: If any market regulation occurs, the central platforms will be preferred.
- Problems when using those platforms.[2]
[1] Top 100 Cryptocurrency Exchanges By Trade Volume
[2] Localbitcoins.com is illegally holding my 9.3 bitcoin on "escrow" since may 2015
I haven't used bitshares dex till now but other ethereum based exchanges are not as secure as they promise to be because there has been several breaches on eth based dex before and some even have lead to massive loss of tokens and eth from users trading account.
Most of the eth dex are just copy paste clones of same script till now so all of them are still vulnerable.
Most of the eth dex are just copy paste clones of same script till now so all of them are still vulnerable.
Decentralized exchange will become the future if the developers find a way how to increase the operating speed .. they can become more secure, but it will be so.
at the same time, decentralized exchanges will grow, but as an additional option that you can use if you want to follow this route and need decentralization.
at the same time, decentralized exchanges will grow, but as an additional option that you can use if you want to follow this route and need decentralization.
I'm very sure if the decentralized being used in the future it will highly reduced the risk in the crypto world and 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.
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.
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.
Good points here. The crypto ecosystem is growing and the platform, services and exchanges will work in the same. One won't take over the other and vice versa. I still think decentralised trading is a cool concept but still a ways to go before it hits the liquidity of centralised exchanges. Enabling Fiat will be a big one in assisting with that.
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