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Author Topic: Decentralized exchanges (e.g. AirSwap, 0x, etc.) are these a good buy?  (Read 139 times)
JuniAiko (OP)
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February 07, 2018, 01:13:00 PM
 #1

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).

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AIRDROPSQUAD
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February 07, 2018, 01:19:52 PM
 #2

Decentralized exchanges will gonna be first option in the next few years. But unfortunately, it seems many user get a bad impression because of bad DEX like Etherdelta. So, i think its hard today to encourage people to invest on utility token for DEX. But, if you plan for long term, i think its a good opportunities.

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February 07, 2018, 01:21:05 PM
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KB3 Is hidden gem coming up with DEX shortly...
JuniAiko (OP)
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February 07, 2018, 01:49:59 PM
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Also, some worry that these will be outright banned, but 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.

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hase0278
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February 07, 2018, 01:59:55 PM
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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).
IMO decentralized exchange utility tokens are a good buy specially when they are better above the rest. It is very likely that people will turn into using decentralized exchanges if hacks here and there continues and if banning of crypto happens soon on another country. 2018 might be the year for Decentalized exchange projects to prosper but if they wont this year, I am sure that they will in the next few years.
JuniAiko (OP)
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February 07, 2018, 04:19:54 PM
 #6

Thanks for the advice Smiley Think I'm gonna invest a bit into it and HODL for the long, because it does sound like a good idea at least for AirSwap [AST] and I think 0x is a safe/legit project too, and has potential as well. Cheesy

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sakokinak
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February 13, 2018, 02:42:12 PM
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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).

I believe that decentralized exchanges are not a solution to the problems of the crypto currency that exist today. Also I am sure that many similar services will be created only for their owners to earn money.
trudovik
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February 13, 2018, 02:49:30 PM
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I very much hope that in the near future we will enjoy the benefits of decentralized exchanges that will not be subject to more than one law and no countries will be able to prohibit access to them.
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