will decentralised exchanges be the future ? - page 6.

KHodl

newbie

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Quote from: Kayuslawal on August 21, 2018, 12:03:07 AM

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.

This is true. Legal and government threat will push for exchange decentralisation. This could be the biggest impetus for trading decentralised.

Kayuslawal

newbie

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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.

Herbert2020

legendary

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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.

Sevarchik

member

Activity: 420

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Decentralized exchange will be the future if developers find way, how to increase working speed.
I am sure is the technical problem and it solves with some new blockchain

xbossJ

jr. member

Activity: 278

Merit: 5

Invest and play

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.

Innerpumper

member

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with DEX security in trade is better because there are many very different security with centralized exchange prone with hackers who take investors money.

KHodl

newbie

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Quote from: honghanhi on August 20, 2018, 11:41:46 PM

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.

Are you sure ? bitshares can handle the speed of the nasdaq and 100,000 trades per second. for decentralised that's epic.

honghanhi

newbie

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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.

KHodl

newbie

Activity: 26

Merit: 0

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.

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