Trading on exchanges inside your very own wallet

[chanc3r]

Trading on the wallet market itself has a limited exchange and usually only listed top coins. If you are worried about hacking the wallet, then use the metamask because it has been integrated with several DEX exchanges.

It's not and that depends on how much coins that supported by the wallet and I guess the wallet like eidoo has already supported a lot of coins. The problem is the exchange site in the wallet is not yet ready to implement the trade based on the contract.

[qazgroup]

If traders and holders can trade on Exchange in their wallet that they own the private keys it will reduce exchange hacks, I'm not talking about dex because this idea is better than DEX, I know some wallets like coinomi and atomic support insta swap using external platforms like shapeshift or uniswap kinda but just think about it

This is something I'm looking forward to, while many might think it's impossible I think it's damn possible, what do you think

I think various new wallets have this option of swapping and exchanging that you are talking about even trust wallet has that option but yes there are not many coins listed for this option so may be they need to work on that and add as many coins as possible, the ideal case scenario would be to add all coins and tokens that are tradable but then again it can not be as easy as it seems because not all coins have buyers and the wallet service has to sellthe coins to someone too.

[MCobian]

Your idea regarding trading on exchanges inside your own wallet has been done by many people, I also do it, it's safer from hackers.
So the idea is not new, but there are some obstacles that we have to face. Like a choice of coins that are few for trading, usually only
a few top altcoins are available. Then when we intend cashout or transferred to another wallet can also be the target of hackers.
Although there are still many shortcomings and risks, but it is still worth to doing it.

[Python Master]

You're talking about DEX, no CEX can do that because CEX need to meet the compliance of regulator where the CEX  is registered, especially about money money laundering. So it will not all low you to trade anonymity and you get control your wallet on CEX.

[WalkerIVIV]

You're talking about DEX, no CEX can do that because CEX need to meet the compliance of regulator where the CEX  is registered, especially about money money laundering. So it will not all low you to trade anonymity and you get control your wallet on CEX.

It looks like you didn't understand that. It's CEX and it's not dex. he means about there was a wallet that already combined with hybrid exchange site that can be used in that wallet at the same time.
Some people mentioned eidoo and it can be the best choice for him.

[Retainly_Collie]

You're talking about DEX, no CEX can do that because CEX need to meet the compliance of regulator where the CEX  is registered, especially about money money laundering. So it will not all low you to trade anonymity and you get control your wallet on CEX.

It looks like you didn't understand that. It's CEX and it's not dex. he means about there was a wallet that already combined with hybrid exchange site that can be used in that wallet at the same time.
Some people mentioned eidoo and it can be the best choice for him.

That's right, eidoo wallet will meet his ideas and needs. But I think it is not really necessary at the moment, we are fine with the old way of trading and not having any problems with it.

[studio1one]

If traders and holders can trade on Exchange in their wallet that they own the private keys it will reduce exchange hacks, I'm not talking about dex because this idea is better than DEX, I know some wallets like coinomi and atomic support insta swap using external platforms like shapeshift or uniswap kinda but just think about it

This is something I'm looking forward to, while many might think it's impossible I think it's damn possible, what do you think

Anything centralized is prone to hacks and what your describing is basically a DEX exchange. Also right now you can use trust wallet to trade inside the app while controlling your private keys.