After Binance have been compromised.

[ned.ryerson]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

That is right, i have never heard that decentralized exchange has been hacked. Many centralized exchanges has been hacked in the past.
Maybe centralized exchanges need to learn the security of decentralized exchanges like IDEX or Forkdelta.

the fact is that decentralized exchanges are very difficult to use for ordinary people. that is why such exchanges do not have any volumes - people do not know how to use them

[ATSgrowth]

All of us are talking about DEXs. But where they are? Tron has good DEXs, fresh design, speed of transactions is good. But could we say it about Ethereum DEXs?
Look at IDEX, ForkDelta or EtherDelta, their design and use is terrible.

[mr.robot8]

binance still has my complete trust, it remains my favorite exchange, i alternate its use with dex in particular with forkdelta, i believe that dex will become a forced choice when all traditional exchanges will require kyc

[coin-investor]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

Thee are a lot of big exchange hacked in the past, but traders are not going for decentralized exchanges, they still prefer centralized exchange like Binance and Kucoin and among others, traders want liquidity and they want to see volume, something DEX cannot provide.

[m0Ray]

In any case, there will be a possibility of hacking the exchange. Since it is a very profitable business. I think that one mistake Binance is not a reason to leave this exchange. I think the administration will be able to repay all the costs of users. But seriously, Binance is a progressive exchange and they will be able to learn from this situation.

[samcrypto]

binance still has my complete trust, it remains my favorite exchange, i alternate its use with dex in particular with forkdelta, i believe that dex will become a forced choice when all traditional exchanges will require kyc

I’m not doubting binance but DEX is a good choice if something bad happen with the centralized exchanges, though it will take time for sure. There’s no enough volume on DEX, and it is still not sure to be safe on that kind of exchange. I tried to use DEX to sell token but its hard to sell if there’s no demand on that exchange.

[smyslov]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

All the funds are safe and they will refund traders I don't see any issue why people will leave Binance, they have taken care of their business over the years, I don't think traders will shout that they are leaving Binance for goods, as long as they can trade profitably which the DEX's cannot provide, because of lack of volume.

[VK.point]

In fact, I never thought of what was happening with binance after being broken. I need to know that this is a horrendous event. And it seems very appropriate to switch to using another exchange. It took a long time to get back to trust. And don't repeat it again.

[zhengqi]

I think those who really value their money will now prefer to use DEX. Ironically, Binance is soon going to launch its DEX platform. In the Wake of such a large exchange, I think that the others will also start launching their own decentralized platforms.

[Woodie]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

The only problem with a dex is it can not serve different type of coins run on different blockchains which makes a centralized exchange better in this comparison.
But in the case of security I think dex is way better than a centralized exchange!

[Vishnu.Reang]

I think those who really value their money will now prefer to use DEX. Ironically, Binance is soon going to launch its DEX platform. In the Wake of such a large exchange, I think that the others will also start launching their own decentralized platforms.

But what about the KYC requirements? None of the current DEX sites need KYC to trade in them. But in case Binance is opening its own DEX site, would they require KYC or are they going to allow anonymous trading? In case they make KYC mandatory, then we can't call that site as DEX. But it may depend on the jurisdiction where Binance is based. If I am not wrong, Binance is based out of Hong Kong, with additional offices in other countries. I don't know whether the HK regulations allow anonymous trading. 

[ahmed04]

I am very sad to realize that Binance could not change the industry of cryptocurrency exchanges. What happened will leave a very huge mark on the reputation of the exchange. It is likely that in the near future we will move to DEXes.