ARE WE GOING TO SEE THE DEARTH OF CENTRALIZED EXCHANGES?

[DomcarezO]

For sometime now, I have witnessed the rising trend of decentralized exchanges following the advent of Etherdelta and Forkdelta, A lot of existing and upcoming exchanges are tilting towards Decentralized exchanges as many Crypto traders wants more control of their digital assets, Some favor this due to risk of hacks associated with Centralized exchanges unlike in Decentralized exchanges where you have the private keys of your assets.I most sincerely favor decentralized exchanges., it will be interesting to see what the future holds in this regard as competition continues to rise for both Centralized and Decentralized exchanges

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[boyshx]

I believe that won't happen because in many senses centralised crypto currency exchangers are far better as compared to the decentralised one. The later one which you think is gaining lot of attention is all because theses exchangers allows you to request any coin listing which is not even officially listed anywhere just after the ICO sale is over. Now people take advantage of selling their coins at whatever prices they want and thus make this more or less unregulated environment for the ICO's. I guess soon there will be some way to delist such pre-listing of the coins and then we will see centralisation getting more attention. FYI: I dont think centralisation is ignore in anyway. They are still having more security, trust, volume, huge number of coin listing all the time.

[Guard225]

I think with atomic swaps and dex, we're about to enter a brand new economy. I'm not sure if DEX is the way to go tho, way too much manipulation would be allowed there, and we've got plenty of it already.
We need to come up with some universal rules, the crypto space should self-regulate before we're forced to do anything by the governments.

[renes]

No we don't but we will see the rise of decentralized exchanges, I think centralized ones will still exists but decentralized exchanges will be more powerful so we will not need centralized ones as much as now.

[Knabu]

Eventually yes, cryptocurrencies & blockchains are all about verifying, not trusting a third party. Therefore we should try to establish as decentralized ecosystem as possible. Without that that industry is kind of fighting against its core fundamentals by dealing with centralized entities.

Don't trust, verify.

[manggis97]

Currently centralized exchanges is dominance at the crypto market,  and all top 10 exchanges by daily trading volumes is all centralized exchanges.  Decentralized exchanges possible to replace centralized exchanges if they can offer the same features like centralized exchanges, like low trading fee.

[deevan]

Decentralized exchanges are good in a sense that the private keys are held by a person itself & you can just trade your tokens by entering a smart contract address of a specific token and can sell at a price that suits you. But there is a drawback that mostly decentralized exchanges support ETH & ERC-20 standard tokens. So if you want to trade any other coins you have to go for centralized exchanges. Dex is also good for people who don't want to go undergo for KYC & drawback is that the price of most tokens are dumped on these exchanges & are sold at a very cheap price which affects the overall price of a token. So both Centralized and Decentralized have their cons & prons a person can choose which best suits him for trade.

[shane]

I don't think that DEXes as a threat to centralized exchanges. If you check the trade volumes in CMC, you won't see any of DEXes under the top 50 exchanges by trade volume.
Centralized exchanges are more user friendly when compared to DEXes. This is the key reason why people choose centralized exchanges over DEXes.
However, DEXes are well ahead in terms of safety of your coins/tokens.

[Bittalk12]

Decentralized exchanges are just for start up cryptocurrencies where they are being traded freely without an ICO team's approval which can also be compared to black market transactions. Big time centralized exchanges offer better service, backed with fiat currencies, well regulated and taking care of their reputation. They always try to comply with the rules and regulations set by the government like KYC and AML. Does decentralized exchanges have such features? I think you all know the answers and it is very obvious who won the battle.

[gentlemand]

Lots of talk about decentralised exchanges, not a great deal of actual action. It seems like a thing people enjoy talking about before logging into Binance.

Until there's something with order books that can be played with I doubt they'll get much take up. If they do get much take up then hackers start playing around with hosting and domains.

[LeGaulois]

Decentralized exchanges are not only for cryptocurrencies newly created, who told you such a thing?
We're saying it for a long time, more and more people will start to use DEX. For some people, it will be a standard and they will swear they won't use any centralized anytime soon. The only thing stopping people is they can find it not o easy to use, while it's not really.

[khufuking]

That's not gonna happen anytime soon, while we have a lot of decentralized exchanges appear every day still none of them have yet to address the problem of cross blockchain trades, decentralized exchanges will not have a real chance to compete vs centralized exchanges unless a real and true solution for cross blockchain trade is made. I saw a lot of exchanges tried to address this issue and until this moment none of them really offered any reliable solution to do so.

I hope this becomes a real thing soon but with how slow the progress is regarding this matter I really doubt it's gonna be soon.