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Author Topic: Decentralized Exchanges  (Read 3297 times)
ajdaj
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February 01, 2019, 05:28:46 PM
 #81

What I know is that the exchange decentralization does not have a lot of trading volume and the traded coins are only altcoins that have no future at all.
You might be right to say that most altcoins do not have future, but that all the altcoins on DEXes are those that do not have future might not be the true representation of what a DEX is.
Most of the times i have been able to trade on DEX, the same altcoin we see as not being good, will be the ones that will bring huge profit later in future.
If not for the volume, the same coins on DEX is still the same that is being traded on centralized exchange, but our main concern here is security, which in my opinion, DEX is better.
When people start using them, then there will be volume.
based on what you said, I can not understand the following, how to deal with the statement that all users of cryptocurrency sought to decentralize the cryptocurrency market. And it turns out that all the way around. It turns out that only centralized exchangers will provide an opportunity to work with a good profit.
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February 01, 2019, 05:30:07 PM
 #82

I think that centralized exchanges will be more popular in the near future. It seems to me that people trust such exchanges more than usual.

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February 01, 2019, 05:39:01 PM
 #83

Decentralized exchanges sound good, however they are not ready yet to compete with centralized exchanges in term of functionality, too slow, unfriendly user interface and complexity. I hope binance will make a revolutionary D-exchange.
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February 01, 2019, 05:40:50 PM
 #84

Decentralization has been the key driving force of cryptocurrency since inception. This in my opinion is the attraction point for mass adoption, most especially being an alternative to centralization.
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I did not know that there are so many decentralized exchanges. Thanks for this list. I think decentralized exchanges are the future and certainly more and more people will use them. Just after a hack, as from cryptopia, such exchanges are becoming more and more interesting.

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February 02, 2019, 06:53:51 AM
 #85

Dex a good in transperency, you cant provide otc trading.
But nowadays 2.0 blockchains cant give needed transaction speed for functionality this kind apps.

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February 02, 2019, 06:55:32 AM
 #86

Decentralization has been the key driving force of cryptocurrency since inception. This in my opinion is the attraction point for mass adoption, most especially being an alternative to centralization.
***
I did not know that there are so many decentralized exchanges. Thanks for this list. I think decentralized exchanges are the future and certainly more and more people will use them. Just after a hack, as from cryptopia, such exchanges are becoming more and more interesting.

I, too, I really don't know very much about the decentralization exchange. What I usually know, all the exchanges are the same Namely buying and selling an altcoin in it. Because I personally do not know exactly the exchange based on decentralization.
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February 02, 2019, 09:15:51 AM
 #87

Thanks friend, for a well organized helpful post. It is about time we started considering decentralized exchanges, where users most especially withh have controlover their funds. Apart from two prominent exchanges (Cryptopa , where funds were reportedly stolen. Just recently, two centralized exchanges are now suffering from liquidity. A Canadian based exchange QuadrigaCX, lost access to the private key of its cold storage wallet, due to the death of its CEO. Coinpulse is also on an indefinite maintenance.
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February 02, 2019, 09:31:57 AM
 #88

Since there are so many available decentralized exchanges today, what if you guys can make such a new exchange combined both decentralized and centralized? That would be fascinating.
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February 02, 2019, 10:20:48 AM
 #89

Such exchanges will become popular in the future for people, and allow us to benefit from this decentralization, because this is a further profit.

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February 02, 2019, 11:46:35 AM
 #90

Decentralized exchange is a new tool for the development of cryptocurrency trading, but I think that it is more important today to create a transaction with Fiat money and cryptocurrency. It is necessary that the cryptocurrency and traditional money interaction and work as a whole through the blockchain and decentralized platforms.

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February 02, 2019, 12:07:43 PM
 #91

Such exchanges will become popular in the future for people, and allow us to benefit from this decentralization, because this is a further profit.
Supposedly we are happy to have exchanges that aren't control by someone and we are making a way to be more acceptable for everyone. For there existence, traders have chances to overview their records and liquidity. The securities bond with them seems to have no problem, though we can't guarantee of a 100% secured but they are more secured than of the others.



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February 02, 2019, 12:43:39 PM
 #92

Well, honestly I did not know that we have a long list of decentralized exchange, I am too concentrated on a centralized exchange and I seldom trade on decentralized one, but because of what happens to Cryptopia, we will see a lot of traders shifting to DEX I think it's more safer.

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February 02, 2019, 12:55:48 PM
 #93

This is one of the post I've ever seen. I will use these informations in future. I think we all need DEX's and hope some of them will be great future. Thank you so much for this great share with us.
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February 02, 2019, 01:35:29 PM
 #94

For some reason (I know it will sound weird) I trust these decentralized exchanges less than the centralized major ones. I don't really know why but I feel like centralized exchanges have a reason to really take care of the exchange properly since they are making profits on top of profits every single day and make huge income from it which would result with them working on it more and more however decentralized exchanges feel like made by some developer who wanted to pay less fee (no fee) so they could trade properly without interference but that's it, no business, no team, just a good developer.

So, for that reason I feel like centralized feels more secure and more trustworthy instead of the decentralized which looks too anarchist to me. Maybe thats just me I don't know.
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February 02, 2019, 01:42:35 PM
 #95

For some reason (I know it will sound weird) I trust these decentralized exchanges less than the centralized major ones. I don't really know why but I feel like centralized exchanges have a reason to really take care of the exchange properly since they are making profits on top of profits every single day and make huge income from it which would result with them working on it more and more however decentralized exchanges feel like made by some developer who wanted to pay less fee (no fee) so they could trade properly without interference but that's it, no business, no team, just a good developer.

So, for that reason I feel like centralized feels more secure and more trustworthy instead of the decentralized which looks too anarchist to me. Maybe thats just me I don't know.

But this is just the beginning we can see more DEXs in the future which can change the current generation DEX with better services.Hopefully Binance's decentralized exchange is going to make huge change in the upcoming days so we need to wait for it and it can be more trusted than CEX in terms of fund storage and hack attacks.

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February 02, 2019, 01:43:47 PM
 #96

I see that many decentralized exchanges exist, but Think that only EtherDelta is the most used because when I want to sell some post-ICO token, it is listed only on this exchange.
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February 02, 2019, 01:51:30 PM
 #97

Decentralized exchange user popularity better than Centralized exchange i think. Most of the user try to ignore KYC because our document is not safe in other person or company. It's always keeps worrying about whether they are using bad things. Considering all aspects it makes me feel safer.
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February 02, 2019, 02:27:52 PM
 #98

I see that many decentralized exchanges exist, but Think that only EtherDelta is the most used because when I want to sell some post-ICO token, it is listed only on this exchange.

Actually try forkdelta exchange. Usually exactly here you can find more demand. Actually still demand is not so much, but now bear market...
After few months you also can check you project on IDEX exchange.
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February 03, 2019, 04:55:22 AM
 #99

Great post and nice list of Decentralized exchanges.
I have used couple of them without problems. I think dex is the future.  People will eventually move over when they become easy to use. Centralized exchanges are opposite of what cryptocurrency represents.
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February 04, 2019, 05:15:28 PM
 #100

I think that centralized exchanges will be more popular in the near future. It seems to me that people trust such exchanges more than usual.
If one finds himself in a situation where his funds are safe and he has full  control over them, then he has no choice than to trust such system.
Moving to decentralized exchange might be a slow process, but there is every tendency for it to become the order of the day soon.
It will definitely be preferred over centralized exchanges.
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