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Title: Decentralized exchanges (e.g. AirSwap, 0x, etc.) are these a good buy? Post by: JuniAiko on February 07, 2018, 01:11:00 PM Especially seeing how exchanges are getting hacked (whereas block chain based exchanges can't be hacked on a same massive scale, safe through individual's account who do not practice the usual precaution), or the Chinese government actively banning activity on centralized exchanges that can be easily shut down, no need to worry if the exchange might run away with your funds (i.e. these exchanges also acts as blockchain based wallets for your altcoins).
Maybe 2018 will be the year for these Decentralized Exchange projects to prosper too? I'm seriously considering to get into AirSwap (AST) as one of my lower MCAP altcoins now (for its potential for bigger %gains due to the low MCAP). Title: Re: Decentralized exchanges (e.g. AirSwap, 0x, etc.) are these a good buy? Post by: CryptoDemonElite on February 07, 2018, 01:17:50 PM Especially seeing how exchanges are getting hacked (whereas block chain based exchanges can't be hacked on a same massive scale, safe through individual's account who do not practice the usual precaution), or the Chinese government actively banning activity on centralized exchanges that can be easily shut down, no need to worry if the exchange might run away with your funds (i.e. these exchanges also acts as blockchain based wallets for your altcoins). Maybe 2018 will be the year for these Decentralized Exchange projects to prosper too? I'm seriously considering to get into AirSwap (AST) as one of my lower MCAP altcoins now (for its potential for bigger %gains due to the low MCAP). This year may be the year for Decentralized Exchange, but do you think the government will allow it. If the government can't track you, I don't think it will be as profitable as you it will be. Most likely the government will ban these type of exchanges. Please correct if I wrong. Thanks. Title: Re: Decentralized exchanges (e.g. AirSwap, 0x, etc.) are these a good buy? Post by: JuniAiko on February 07, 2018, 01:27:50 PM How can they be banned if it is decentralized; and deposits and withdrawals are all done with cryptos? + they could perhaps park their coins as USDT (and hopefully less dodgy stable-coins in the future) or less volatile coins such as BTC if necessary, and cash in/out in another country once in awhile.
Title: Re: Decentralized exchanges (e.g. AirSwap, 0x, etc.) are these a good buy? Post by: 13abyknight on February 07, 2018, 01:41:45 PM Especially seeing how exchanges are getting hacked (whereas block chain based exchanges can't be hacked on a same massive scale, safe through individual's account who do not practice the usual precaution), or the Chinese government actively banning activity on centralized exchanges that can be easily shut down, no need to worry if the exchange might run away with your funds (i.e. these exchanges also acts as blockchain based wallets for your altcoins). The last few years have shown us how flawed the security of exchanges housing millions of dollars of funds in cryptocurrencies has been, and hackers have always been a step ahead at exploiting these vulnerabilities. Governments have also resorted to banning centralized exchanges making it even harder to rely on one particular exchange to trade securely. Maybe 2018 will be the year for these Decentralized Exchange projects to prosper too? Very like so, I have seen many decentralized exchanges already on the rise but then again the main problem such projects face is that there are a few scam/bogus names coming up along with them and it will get to hard to distinguish between them until they establish their names well enough in the community. Title: Re: Decentralized exchanges (e.g. AirSwap, 0x, etc.) are these a good buy? Post by: JuniAiko on February 07, 2018, 01:52:02 PM Think I'm gonna invest a bit into it and HODL for the long, because it does sound like a good idea.
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