Just a question

[crazy-pilot]

It’s due to many reasons, one that I have already mentioned above. But the main reason I believe will be the mental barrier, people have been using centralized since so long, making them come to a new system possess a lot of challenge on itself, you have got to give people a very solid reason to leave their old gamer in order to attain a new one.

[iv4n]

Can someone pls answer this question? presently the problem of decentralized exchange is liquidity and enough volume, if people start leaving cex for dex will the volume increase ? if Yes then what is stopping people? because dex exchanges is the perfect answer to stolen fund on exchanges and exchange scam exits

If people start using dex volume will be higher, and they will be much better for using then now. Dex are new trend in crypto, many people here still don't use them cause of the volume, but I believe one day dex will be easier to use, and more people will use it, cause security and anonymity that dex offers. Dex time is yet to come, in next 5 years they will gain popularity and maybe after 5 years they can be serious competitors to cex, now that's impossible.

[bitkanu]

The answer for your question is simple man, because centralized is better than decentralized. Their system is laggy and unresponsive. And centralized has been the mainstay for almost everyone and has time and time proven its worth.

the dex needs to create a request to the network before it can execute the contract and that makes the dex becomes less efficient in term of the speed compared with the CEX. that's why DEX is less responsive than CEX and i hope you can understand it dude.

[Mealea]

There are some dex with liquidity and volume. Dex is difficult for some people to use and for that reason many may not leave Cex for Dex.

[Zdraste16]

I believe that people should have a choice.  Because each has its reasons for decentralized exchange or, in some cases, centralized exchange.  It is difficult to say with confidence about the increase in volume when exiting cex to dex.  The reason for this is that there are two exchanges and there are no mass exits from one to the other.  One way or another, regulators will insist on ending decentralized exchanges.  Example BINANCE DEX wants to introduce a KYC procedure.