But the problem is that CEX has really dominated that market for so long that it's hard to see DEX even comes close to let's say Binance as far as volume is concern.
We all know that it's really better to trade with DEX, however, the marketing strategy of CEX is too much for DEX to overcome. I know that there's a lot of DEX around, but they didn't get the attention it needed, sad but true and crypto trades specially newbies tends to believed that CEX is more safe with all the mandated KYC, Lol.
Topic: Will DEX's ever get the liquidity and volume of Centralized Exchanges today? - page 2. (Read 451 times)
November 01, 2019, 11:10:30 AM
November 01, 2019, 11:00:02 AM
DEX might be popular someday, but for this year it is still held by CEX. maybe those who hate KYC can still compromise, because without KYC users can still use CEX, even though they have some drawbacks such as smaller withdrawal limits, higher fees and so on. so for now DEX might just be used as a substitute, the main thing remains CEX. but if CEX changes the rules like requiring all kyc without tolerance, maybe a new DEX will be the first.
November 01, 2019, 07:52:22 AM
dex is the future of exchange
and maybe in the future Dex will surpass the liquidity and volume on centralized exchange in this day, i believe that
and maybe in the future Dex will surpass the liquidity and volume on centralized exchange in this day, i believe that
Basically in terms of exchanges, Centralized are more secured that's why people keep on trusting it. In my opinion, DEX is also performing well, it is just in the matter of volume of trades that makes it different from centralized exchanges.
here are some known, and performing DEX in the market.
https://hackernoon.com/top-10-decentralized-crypto-exchanges-for-a-successful-proofofkeys-in-2019-478dc38cff7a
Centralized exchange have built trust form its users which is why people keep using it even though they knew that CEX are attractive for hackers as long as they continue to secure their platform then I guess people will not shift to DEX given that it has low trading volume and have poor user-interface.
November 01, 2019, 06:47:30 AM
~snip~
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
This sounds good, can you give u recommendation what DEX platform is good to use, I am very grateful if you give the link, because for now I only use idex and forkdelta.But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
Here is the list of the DEX;
1. https://idex.market
2. https://paradex.io/
3. https://0x.org
4. https://www.bancor.network/
5. https://client.wavesplatform.com/
6. https://radarrelay.com/
7. https://bisq.network/
8. https://x.vite.net
9. https://www.stellarx.com/
10. https://trontrade.io/
I am just giving you the DEX that I know, there are more than this out there.
November 01, 2019, 06:05:32 AM
If we will see right marketing dex will be able to enter top 20-30 of exchanges, i guess. They just need more time to grow
November 01, 2019, 05:58:43 AM
Yeah, that's a question I keep asking myself these days. There's so many DEX projects, some of them not even being "Real DEX's" like the Binance "DEX". I've been wondering if another bull run could trigger a huge influx of new users towards these projects, since you don't need to own an account to use them.
Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
DEX are currently catching up. They are known for their privacy and lack of a middle man that can intervene. People are realizing they are even faster and cheaper than Centralized exchange. The only thing they are lacking is volume and adoption.
There are cases of DEX being blocked by some ISPs which could easily be circumvented with a VPN.
November 01, 2019, 05:55:53 AM
~snip~
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
This sounds good, can you give u recommendation what DEX platform is good to use, I am very grateful if you give the link, because for now I only use idex and forkdelta.But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
Yes it will be helpful if we get to know the decent DEX as I have tried IDEX once and that's all I am done with decentralized exchanges as it's too complicated and I don't think DEX will ever match the growth of centralized exchange unless they invest a huge amount of money to fix all the issues like latency, support, user interface to attract more users which will help them to improve the volume and liquidity but I don't see any decentralized exchanges heading towards the right direction as of now.
November 01, 2019, 05:47:46 AM
~snip~
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
This sounds good, can you give u recommendation what DEX platform is good to use, I am very grateful if you give the link, because for now I only use idex and forkdelta. But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
November 01, 2019, 05:38:49 AM
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Apparently, there are more people who care less about their privacy right now. With several DEX's already forcing KYC for trades bigger than minimum like IDEX, I don't think these rich people will also be attracted to using them.Quote
Could 2020 be the year of DEX's?
I would love to, but not yet. November 01, 2019, 05:08:02 AM
DEX should get a decent volume if the platform serves its customer as good as Centralized Exchange, there are many problems that happened with DEX causing people to avoid their platform. Such as High latency of network server, website not responsive, and complexity to execute the orders. Liquidity will come if the users feel comfortable using the platform, this is the biggest problem DEX has right now. It is complicated to use compared with Centralized exchange.
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.
November 01, 2019, 05:02:19 AM
dex is the future of exchange
and maybe in the future Dex will surpass the liquidity and volume on centralized exchange in this day, i believe that
and maybe in the future Dex will surpass the liquidity and volume on centralized exchange in this day, i believe that
Basically in terms of exchanges, Centralized are more secured that's why people keep on trusting it. In my opinion, DEX is also performing well, it is just in the matter of volume of trades that makes it different from centralized exchanges.
here are some known, and performing DEX in the market.
https://hackernoon.com/top-10-decentralized-crypto-exchanges-for-a-successful-proofofkeys-in-2019-478dc38cff7a
November 01, 2019, 04:51:51 AM
Nobody knows. Personally I like both, DEX or CEX. But I don't like CEX which requires KYC to be able to withdraw assets, it's better to use Google's 2FA as a security reason.
On the other hand, the giant Binance also had its DEX. I think DEX will start to rise around the middle or end of 2020 if CEX assumes a continuous hack later. Lets the wind blow.
On the other hand, the giant Binance also had its DEX. I think DEX will start to rise around the middle or end of 2020 if CEX assumes a continuous hack later. Lets the wind blow.
November 01, 2019, 03:45:14 AM
I don't think the liquidity in decentralised exchange would ever surpass that if centralised exchanges, it's a sad fact that even new centralised exchanges would just sprout up overnight and the volume would exceed that of an old decentralised exchange in no time, people feel better trading in a centralised exchange although this shouldn't be the case at all cost nsidering the fact that the commodity being traded is a decentralised currency.
November 01, 2019, 03:09:14 AM
Yeah, that's a question I keep asking myself these days. There's so many DEX projects, some of them not even being "Real DEX's" like the Binance "DEX". I've been wondering if another bull run could trigger a huge influx of new users towards these projects, since you don't need to own an account to use them.
Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
If there is nothing special about DEX next year, I do not think so. The latest status of DEX is very good, the useful ones are not as few as before. But there is still no interest. I think the lack of trust prevents them, and it is strange that anyone is looking for things centralized in the decentralized system. You can at least try it out with a small amount. The most strange is that money is more valuable than identity.Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
November 01, 2019, 02:47:44 AM
Yeah, that's a question I keep asking myself these days. There's so many DEX projects, some of them not even being "Real DEX's" like the Binance "DEX". I've been wondering if another bull run could trigger a huge influx of new users towards these projects, since you don't need to own an account to use them.
Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
2020 could not be a year for dex especially for anonymous DEX. have you seen that some DEXs have forced the users to comply with the regulation especially to verify their account to be verified the account? You are putting a huge expectation to the DEX but the fact that the regulator still can control the DEX. remember DEX is not a native application that builds in the blockchain that can be operated automatically without needed maintenance. Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
I know you are promoting blocknet but that depends on where the territory of dex based on. If that dex was already made inside of the US territory and that means that dex must comply with SEC regulation. idex is also making KYC as a mandatory for any users.
Dex is not the best solution. The fact people are still wanna following the rules to complete the verification process.
October 31, 2019, 05:41:22 PM
I don't know. Only time can tell. If DEX will have good Liquidity. There so many problems of DEXes that need to improve. Only few pair, Liquidity, no direct Exchange to fiat and no stop loss function. This should be improve so people can enjoy the true benefit of Decentralized Exchange. People seek for centralized Exchange no matter what. It's because centralized does offer the DEX can't offer. And the biggest risk in DEX is the government. DEXes will be a vulnerable Target of the government because it breaks policies. Crackdowns more likely to happen once it booms.
October 31, 2019, 05:38:24 PM
Yes people hate KYC but when it comes to dealing with huge amount of money they don't mind to do the verification, most of them are hating KYC because the uncertainty whether the other party can be trusted or not and if it's a popular exchange that demands the KYC usually they don't mind. Most of the time as I've seen one of factor that makes DEX lacking liquidity is probably the fact that it's kinda complicated to use for some people. Despite offering more security and didn't demand something like KYC people still finds centralized exchange a lot more convenient than DEX but it seems 2020 the DEX will turn the table I'll be waiting aswell.
I really hope all crypto enthusiasts switch over to DEX but there are so many limitations which need amendment. Many people (especially those with much funds) will prefer to do the KYC on reputable exchanges with huge volumes rather than wasting their time on DEX with very poor volume comparatively. We keep saying DEX are secure, but people do not only look at security before choosing an exchange, they consider other factors. October 31, 2019, 05:31:34 PM
Yeah, that's a question I keep asking myself these days. There's so many DEX projects, some of them not even being "Real DEX's" like the Binance "DEX". I've been wondering if another bull run could trigger a huge influx of new users towards these projects, since you don't need to own an account to use them.
Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
In my opinion, the huge success of the DEX will depend solely on two factors which are: A huge bull run and excessive governmental and political influence on the cryptocurrency sector.
Whenever the cryptocurrency sector experience a bull run, there will be lot of new people trooping in to gain from the fortunes of cryptocurrency which will definitely brings about more regristration and excessive volume that will be way above the scalability capacity of centralized exchanges which will cause many of them to lock up new account registration and ses going on frequent maintenance just to increase their bandwidth. This way, people will be left with no other choice than to adopt the use of DEX.
And also, with the rate at which certain governmemtal parastatals such as US SEC are trying to get hold on cryptocurrency sector by imposing proper registration and identification for USA base cryptocurrency firm, very soon the cryptocurrency sector will be demanding a serious vetting, then people will have no choice than to use more of DEX and other decentralized wallets.
October 31, 2019, 05:27:28 PM
Yes people hate KYC but when it comes to dealing with huge amount of money they don't mind to do the verification, most of them are hating KYC because the uncertainty whether the other party can be trusted or not and if it's a popular exchange that demands the KYC usually they don't mind. Most of the time as I've seen one of factor that makes DEX lacking liquidity is probably the fact that it's kinda complicated to use for some people. Despite offering more security and didn't demand something like KYC people still finds centralized exchange a lot more convenient than DEX but it seems 2020 the DEX will turn the table I'll be waiting aswell.
October 31, 2019, 05:22:26 PM
Yeah, that's a question I keep asking myself these days. There's so many DEX projects, some of them not even being "Real DEX's" like the Binance "DEX". I've been wondering if another bull run could trigger a huge influx of new users towards these projects, since you don't need to own an account to use them.
Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
The major setback with decentralized exchanges is low trading volume, poor speed of operation, poor user interface including other drawbacks. Sometimes I just wonder if some so called DEX are truly decentralized, imagine a DEX requesting to create an account using email, what for? Decentralized exchanges still have a long way to go in order to fully compete with centralized exchanges. Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.
Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.
Could 2020 be the year of DEX's? Just a thought...
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