After Binance have been compromised.

[weidex]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

[kurcalas]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

There is no serious volume in DEX. Maybe, some days we can see DEX will be useful, usable and preferred. But not today...

[pushups44]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.  

DEXes are obviously more of an ideal, but thus far decentralized exchanges either lack user-friendliness or volume. I believe scaling solutions will be a prerequisite for their success. For example, OmiseGo is working on Plasma. EtherDelta and IDEX aren't bad, but they are not good enough just yet.

[Red-Apple]

I think people will finally consider the DEXes more seriously. 

unfortunately i don't think this is true
you see this is not the first time a hack of this magnitude has happened in the altcoin market where a gigantic exchange (the number one exchange) gets hacked and people lose their money. in fact that is why every couple of years the "number 1" exchange changes.
and each time a hack like this happened in the past people get excited to switch to DEX and they don't do it in the end and only switch to another CEX and lose their money all over again.

[meanwords]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

There is no serious volume in DEX. Maybe, some days we can see DEX will be useful, usable and preferred. But not today...

Yes. I also see the potential of DEX for trading in the future. Maybe most people doesn't use it for legal reasons? I don't really know anything about the other country but in mine, we are able to freely trade without any problem. Personally I prefer DEX because it's faster and doesn't have that much risk to use.

[RasenShuriken]

Even though they had been compromised the users, did you know that the funds of the users are safe? So you got nothing to worry about the exchange.

[weidex]

Even though they had been compromised the users, did you know that the funds of the users are safe? So you got nothing to worry about the exchange.

Next time the SAFU fund will not be enough 

[traderethereum]

I don't have any idea about decentralized exchange especially after I read the news about binance getting the hack.
I still prefer to use binance for my trade, and I still use the other exchanges because I believe that every exchange will do many things to prevent the worst thing that might happen to their site.
Besides that, I am sure that every exchange will protect their site plus their members account so the hackers cannot penetrate to every member account.

[baigreen]

But after hacking it is worthwhile just once again to think about how to protect yourself from hackers. And remove all KYC from this forum. That would not only blow once the opportunity for hackers as well as you. Privacy is the key to success.

[lovesybitz]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.  

DEXes are obviously more of an ideal, but thus far decentralized exchanges either lack user-friendliness or volume. I believe scaling solutions will be a prerequisite for their success. For example, OmiseGo is working on Plasma. EtherDelta and IDEX aren't bad, but they are not good enough just yet.

I agreed that IDEX aren't bad and base on my observation this decentralize exchange platform is much more better to use rather than Etherdelta.
Honestly speaking, because etherdelta for me is the most dangerous DEX I've ever seen. Why? this is the only exchange that before you can their platform, you need to import your ETH address together with your private key, isn't that is too dangerous while IDEX is not like that.

[weidex]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.  

DEXes are obviously more of an ideal, but thus far decentralized exchanges either lack user-friendliness or volume. I believe scaling solutions will be a prerequisite for their success. For example, OmiseGo is working on Plasma. EtherDelta and IDEX aren't bad, but they are not good enough just yet.

I agreed that IDEX aren't bad and base on my observation this decentralize exchange platform is much more better to use rather than Etherdelta.
Honestly speaking, because etherdelta for me is the most dangerous DEX I've ever seen. Why? this is the only exchange that before you can their platform, you need to import your ETH address together with your private key, isn't that is too dangerous while IDEX is not like that.

Check out our exchange : )

[Ibizugbe1]

We really need to invest  more on security, am not saying that binance has not done enough on security, it's actually a day to day affair, it's as serious as that. I salute Binance reputation in this industry. As for Dex, some persons may find it not very easy and friendly to use. I do assist some of my group members in trading in some dex, this is because I understand how it works. Some projects are building hybrid exchange, all these are geared towards good experience.

[D3m1r4wanti]

Why are you so surprised by this incident? it is not only Binance who has experienced the incident. even some of the great exchargers had previously experienced the event. but in reality similar types of exchanger are still chosen by traders.

[Chika08]

I have no business with dex, I still stick to centralized exchanges and I hope security are strengthened to ensure the safety of users funds

[consideritdone]

Suggest IDEX they trade a good list of coins
https://www.coingecko.com/en/exchanges/idex

[Febo]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

There is pretty much only one serious decentralized exchange. BisQ. And even they dont have fully decentralized disputes yet.   sing centralized exchanges is way simpler. That is why are still more popular.

[bittraffic]

Its true that DEX may be safer than any CEX but its just not easy working with it not to mention volume. I have never seen any decentralized exchange that had enough volume to cover one dump of more than a million which the market needs to provide. While we can use DEX from time to time, these CEX won't disappear for us to leave to shutdown just because of they are hackers target.

[StatesManG]

I was thinking that you wanted to make a good point but nope you didn't. Even decentralized exchanges can be compromised. The volume rate on decentralized exchanges are not good at all and can't boast the crypto market

[forexandcryptoauditor]

Now a days this kind of news are not new and are very often.
2013 (Silk Road)
2014 (MtGox, Cryptsy, Mintpal)
2015 (Bitstamp, Bter)
2016 (Bitfinex)
2017 (Nicehash)
2018 (Coincheck, BitGrail, CoinSecure, Coinrail, Zaif, MapleChange, Pure Bit)
2019 (HitBTC, Cryptopia, Coinmama, Binance)
(courtesy:-https://blog.saturn.network)
and so on.
I think its time to apply diversification on exchanges also. Keeping our investment in different exchanges  can at least minimize the losses. Another well known solution is to store in hardware wallets.
Few days ago, I just came across one of the new project called Inzura which is with new concept of "Insurance of cryptocurrencies".
I think we need more such concepts in the market to avoid the situation along with regulations.

[Findingnemo]

And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously. 

Binance announced that they are going to refund all the lost amount so it is not going be a big concern for the people to choose other exchanges.