Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: icecoldstorage on February 02, 2018, 06:19:21 PM



Title: Are Exchanges Run Like Fanduel?
Post by: icecoldstorage on February 02, 2018, 06:19:21 PM
Digital currency exchanges remind me a lot of the daily fantasy sports leagues from a few years ago like Fanduel and DraftKings. They are unregulated and have access to all of our trade data. Supposedly they have policies in place to prevent wrongdoing, but from what I learned corporate policies do not mean much. What are your thoughts? Do you trust digital currency exchanges or would you feel more comfortable with a decentralized platform?

https://www.reddit.com/user/icecoldstorage/comments/7ut119/are_digital_currency_exchanges_like_fanduel/


Title: Re: Are Exchanges Run Like Fanduel?
Post by: staywoke081 on February 02, 2018, 06:26:52 PM
I feel more comfortable with a decentralized exchange but there is hardly any volume there right now which makes it tough to try and trade coins especially if you have big volume. If they were the same, I would definitely choose the DEX.