Obvious sooner or later this will be the case but where there's a major concern is the user interface, how easily are this decentralized exchange to be used by newbies compared to the centralized ones. There's still a big disadvantage as not all coins can be traded on the decentralized exchange. Anyone interested to trade has to be doing that on the specific blockchain which means each blockchain has to own their own exchanges which is just a lot of stress especially for frequent traders.
There's still a lot of work to be done the fees are high, most platform aren't user friendly etc. Just having volume isn't all that matters,
Topic: Will Dex's Dominate the Cex's in near future? (Read 634 times)
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
I guess DEX is missing something, just don't know what. I mean surely there is something that someone else sees but I just do not see it. There is some more attention to it nowadays, it wasn't as big as this when the topic started so I can say that there are some new attention going that way, but it is really not that big of a deal, it is not really getting even remotely around the CEX levels.
There must be this feeling of "if someone owns it, I know who I gotta talk to when things go south" type of feeling that allows people to actually be a bit more ready and gives them comfort, otherwise I really don't know what I could even consider right now that could be the big missing thing but that is the thing that came to my mind. I am really not sure what is the main reason but CEX is just much better.
There must be this feeling of "if someone owns it, I know who I gotta talk to when things go south" type of feeling that allows people to actually be a bit more ready and gives them comfort, otherwise I really don't know what I could even consider right now that could be the big missing thing but that is the thing that came to my mind. I am really not sure what is the main reason but CEX is just much better.
I stopped trading on uniswap because $ 20-30 commissions make purchases less than $ 500 illiquid. Because you have to spend 40-60 dollars to buy and sell.
TRON is actively beginning to develop its defi ecosystem.
I'm staking TRON in this project
https://medium.com/@TronFoundation/an-open-letter-to-the-community-about-sun-genesis-mining-fa8a743eca1f
https://sun.io/#/home
unsiwap fee really make us stress if we trade or sent token less than 100dollar. ethereum gas fee at this moment increasing alot ,i dont know is it caused by uniswap transaction which bleeding now. TRON is actively beginning to develop its defi ecosystem.
I'm staking TRON in this project
https://medium.com/@TronFoundation/an-open-letter-to-the-community-about-sun-genesis-mining-fa8a743eca1f
https://sun.io/#/home
JustSwap has not really attracted investors in the past few weeks because there is not much use of the TRON platform so I will definitely be very difficult for the project.
Uniswap is now dominating DeFi projects and the downside of this exchange is that gas fees are too high and many transactions canceled make it easy for us to lose money. Hopefully SUN will have a way to make the TRON platform more noticeable because TRX's transaction fees are very cheap and can freely trade.
dont be wrong, justswap transaction volume growth alot since its launch based coingecko data. and it will more popular dex exchanges with low transcation fee maybe beat uniswap later. Uniswap is now dominating DeFi projects and the downside of this exchange is that gas fees are too high and many transactions canceled make it easy for us to lose money. Hopefully SUN will have a way to make the TRON platform more noticeable because TRX's transaction fees are very cheap and can freely trade.
TRX's transaction fees are very cheap and its demand is high but decentralized exchange sites are much better. Although there are high fees in these there are many benefits in terms of transactions. Whether or not Dex will be able to maintain the dominance of Cex's in the near future decentralized exchanges are becoming more popular and most traders are leaning towards it. Everyone is able to exchange independently and easily and conveniently here will be more improvements in the future.
DEX has come first but people never satisfied their performance and looking for better.
CEX is the answer of our call, not that perfect but enough to prove that they are much better than using the old DEX one. Should we need to used DEX while we have CEX already that can give us a good trading experience? It doesn't matter if that is control, traders what to have fair play and we can't see it from DEX as most of their volume is manipulated or somewhat say its fake.
https://hackernoon.com/cex-vs-dex-which-crypto-exchange-model-is-best-1dfcf80f4221
Hope to read and understand the difference. And it is up to you where it favors to your side.
No wonder why it is obvious that traders now are preferred for Centralize exchanges for some issues. Though it is stated that CEX exchanges are prone to hacking but it is very manageable and it never gives a reason for them to give up and get back to DEXes.CEX is the answer of our call, not that perfect but enough to prove that they are much better than using the old DEX one. Should we need to used DEX while we have CEX already that can give us a good trading experience? It doesn't matter if that is control, traders what to have fair play and we can't see it from DEX as most of their volume is manipulated or somewhat say its fake.
https://hackernoon.com/cex-vs-dex-which-crypto-exchange-model-is-best-1dfcf80f4221
Hope to read and understand the difference. And it is up to you where it favors to your side.
yeah, I was using DEX before and it is noticed that the market volume is really far from the CEX a reason for me to stay there.
We are moving forward to the continuous market development and much exciting to how CEX could improve their services and having a strong security platform that it helps to save from any hacking incidents.
DEX has come first but people never satisfied their performance and looking for better.
CEX is the answer of our call, not that perfect but enough to prove that they are much better than using the old DEX one. Should we need to used DEX while we have CEX already that can give us a good trading experience? It doesn't matter if that is control, traders what to have fair play and we can't see it from DEX as most of their volume is manipulated or somewhat say its fake.
https://hackernoon.com/cex-vs-dex-which-crypto-exchange-model-is-best-1dfcf80f4221
Hope to read and understand the difference. And it is up to you where it favors to your side.
CEX is the answer of our call, not that perfect but enough to prove that they are much better than using the old DEX one. Should we need to used DEX while we have CEX already that can give us a good trading experience? It doesn't matter if that is control, traders what to have fair play and we can't see it from DEX as most of their volume is manipulated or somewhat say its fake.
https://hackernoon.com/cex-vs-dex-which-crypto-exchange-model-is-best-1dfcf80f4221
Hope to read and understand the difference. And it is up to you where it favors to your side.
hero member
Activity: 2786
Merit: 657
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I do not even believe their volume, they look so fake, all those coins that never got even listed suddenly has thousands of them traded for some reason, I can never understand why something that has been around for 6 months and has a total volume (ever) of 100k maybe suddenly getting 15-20k per day, that doesn't add up.
All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.
All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.
Most DEXs are just used by crappy projects that can't pass thru the requirements of CEX.
Though not all of them are crap, but as you can see now in Uniswap, those dead tokens suddenly become DeFi token and now in trading with them.
There are advantages of using the DEX, but at least with centralized exchanges, they are abiding certain regulations from where they are licensed.
Whereas, DEX can disappear anytime they want without getting worried being sued especially if no one knows where they are.
Such occasion also happens with CEX an example is Chaoex which just disappear without telling user to withdraw their coins and even if a DEX disappear theres nothing to be bother since user dont transfer their asset to the exchange in the first place. Quote from: TimeTellfund'snk=topic=5268215.msg55128261#msg55128261 date=1599217241
Just choose your exchange where you will trust your funds with. But still don't forget not to store your funds long term in those exchanges, whether DEX or CEX.
Keeping of coin on exchange people can trust their coins with is what's important cause being CEX does not guarantee coin safety. 
https://justswap.io/#/home
If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.
To trade you need to install TronLink Wallet
https://www.tronlink.org/
JustSwap has not really attracted investors in the past few weeks because there is not much use of the TRON platform so I will definitely be very difficult for the project. If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.
To trade you need to install TronLink Wallet
https://www.tronlink.org/
Uniswap is now dominating DeFi projects and the downside of this exchange is that gas fees are too high and many transactions canceled make it easy for us to lose money. Hopefully SUN will have a way to make the TRON platform more noticeable because TRX's transaction fees are very cheap and can freely trade.
TRON is actively beginning to develop its defi ecosystem.
I'm staking TRON in this project
https://medium.com/@TronFoundation/an-open-letter-to-the-community-about-sun-genesis-mining-fa8a743eca1f
https://sun.io/#/home
https://justswap.io/#/home
If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.
To trade you need to install TronLink Wallet
https://www.tronlink.org/
JustSwap has not really attracted investors in the past few weeks because there is not much use of the TRON platform so I will definitely be very difficult for the project. If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.
To trade you need to install TronLink Wallet
https://www.tronlink.org/
Uniswap is now dominating DeFi projects and the downside of this exchange is that gas fees are too high and many transactions canceled make it easy for us to lose money. Hopefully SUN will have a way to make the TRON platform more noticeable because TRX's transaction fees are very cheap and can freely trade.
I do not even believe their volume, they look so fake, all those coins that never got even listed suddenly has thousands of them traded for some reason, I can never understand why something that has been around for 6 months and has a total volume (ever) of 100k maybe suddenly getting 15-20k per day, that doesn't add up.
All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.
All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.
Most DEXs are just used by crappy projects that can't pass thru the requirements of CEX.
Though not all of them are crap, but as you can see now in Uniswap, those dead tokens suddenly become DeFi token and now in trading with them.
There are advantages of using the DEX, but at least with centralized exchanges, they are abiding certain regulations from where they are licensed.
Whereas, DEX can disappear anytime they want without getting worried being sued especially if no one knows where they are.
Just choose your exchange where you will trust your funds with. But still don't forget not to store your funds long term in those exchanges, whether DEX or CEX.
https://justswap.io/#/home
If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.
To trade you need to install TronLink Wallet
https://www.tronlink.org/
If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.
To trade you need to install TronLink Wallet
https://www.tronlink.org/
I do not even believe their volume, they look so fake, all those coins that never got even listed suddenly has thousands of them traded for some reason, I can never understand why something that has been around for 6 months and has a total volume (ever) of 100k maybe suddenly getting 15-20k per day, that doesn't add up.
All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.
All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.
Every shitcoin is getting oversold in Uniswap due to defi so the volume also getting increasing day by day but soon there will be an end to this madness.The real decentralized exchanges are still lacking the volume and there is no way for them to dominate the volume of exchange like binance.
Now a lot of coins are listed at Uniswap and are a new force in this market. As I know, recently Defi projects are attracting a lot of big investors and according to new data, the capitalization in Defi projects has reached $2 billion. This is a staggering number and I expect it to grow even higher over the next few months.
Every shitcoin is getting oversold in Uniswap due to defi so the volume also getting increasing day by day but soon there will be an end to this madness.The real decentralized exchanges are still lacking the volume and there is no way for them to dominate the volume of exchange like binance.
Don't trust too much about this Uniswap exchange. They may be doing good right now because of the DeFi hype but once dust settled, I don't think it will still be the same.
Uni had a good private funding. So it does not matter to them whether the DeFi season ends or not. They will make money, pay off their employees and investors and then back off once the dust settles. Point is that it is an exchange and you cannot say that an exchange is scam because they list these tokens, that is childish to do.Quote
I have the feeling that this exchange will be full of crap projects later on.
Which exchange out there is not full of crap tokens? 
Quote
As they can accept every project that wants to be listed and no filter whatsoever, the time will come that worthless tokens will pile up on top of another.
Etherdelta:ERC tokens = Uniswap:DeFi 
Quote
I still believe that we need some criteria in this market, especially that scammers are everywhere in this industry. So I still vote for CEX.
That we can all agree on. But the point is that even after so many years of scams happening, we need to be careful to know where to put our money. That is what I feel should be given more stress. Scams are everywhere but to know which one is legit is tough. The simpler thing is to just buy bitcoin and hold that for mid-long term. 
I believe that there are times when Dex and other stuff gets hyped and become bigger, and there are times the hype dies down and they are no longer interesting, same happens over and over again, eventually dex will grow a lot bigger, and I mean really a lot but that doesn't mean Cex are staying put neither, they are doing quite good for themselves.
Hopefully with over time people will be capable of actually making better decisions about which one they want to use not based on emotions but based on facts and that way they could at least know why they are getting into it. Just because there is some defi that you want to participate and it is on a dex doesn't mean that you are going to use Dex for the right reasons, that is using it for the defi and not for the exchange itself and a wrong reason.
There would always be a reason why people do consider other places and this do example out with the new DeFi hype. Dex is getting another recognition or attention which do really make its volume sore up but Hopefully with over time people will be capable of actually making better decisions about which one they want to use not based on emotions but based on facts and that way they could at least know why they are getting into it. Just because there is some defi that you want to participate and it is on a dex doesn't mean that you are going to use Dex for the right reasons, that is using it for the defi and not for the exchange itself and a wrong reason.
as mentioned that this hypes do eventually die down and would go to the casual stuff on where people do end up on using centralized platforms because they can able to switch up crypto to fiat which
isnt or cant be made with decentralized platforms but having these Dex will really be a good choice for those people who do really give out importance when it comes to anonymity
but to know the fact that centralized exchange doesnt necessarily for you to pass up Kyc.
What happened to Uniswap exchange is the effect of DeFi projects that are currently hype. But it is still too far to conclude that DEX will
dominate CEX in the near future, because there are still many shortcomings that DEX currently has. So we give time to DEX develop even
better. But I agree that someday DEX can beat CEX, but it will take a while.
dominate CEX in the near future, because there are still many shortcomings that DEX currently has. So we give time to DEX develop even
better. But I agree that someday DEX can beat CEX, but it will take a while.
That will be the dream of most traders as the CEX collect much information from trader which is against the anonymity of the blockchain revolution.
But until now DEX is not that good compare to CEX and despite KYC is being collected on KYC, users have no more choice but to comply or else they will not qualify to use the services of CEX. DEX has a chance to be on top, we just need a better developer so they can offer to us a greater service not unlike the DEX that we have right now where listing a token is super easy. 
I believe that there are times when Dex and other stuff gets hyped and become bigger, and there are times the hype dies down and they are no longer interesting, same happens over and over again, eventually dex will grow a lot bigger, and I mean really a lot but that doesn't mean Cex are staying put neither, they are doing quite good for themselves.
Hopefully with over time people will be capable of actually making better decisions about which one they want to use not based on emotions but based on facts and that way they could at least know why they are getting into it. Just because there is some defi that you want to participate and it is on a dex doesn't mean that you are going to use Dex for the right reasons, that is using it for the defi and not for the exchange itself and a wrong reason.
Hopefully with over time people will be capable of actually making better decisions about which one they want to use not based on emotions but based on facts and that way they could at least know why they are getting into it. Just because there is some defi that you want to participate and it is on a dex doesn't mean that you are going to use Dex for the right reasons, that is using it for the defi and not for the exchange itself and a wrong reason.
It seems that the Defi trend is helping investors to understand the value of Dexs. I cannot predict anything but after the events of ICO investing through Dex will change the view of many people about Dex. This will be great for future Dex developers, as future ICO projects will raise capital through Dex channels and this is an opportunity for them. Hopefully there will be some Dex emerging after this Defi trend, our market will diversify.
A lot of DEX have appeared in recent times and Uniswap can be seen as a decentralized exchange being targeted by many Defi projects. I believe DEX will dominate CEX soon someday but it will definitely take a lot of time. However, there are still some investors who prefer to trade at CEX as these exchanges have more ways of making money. Jump to: