The main attraction of decentralizes exchanges is the safety of your money and reliability. Unfortunately, the number is these exchanges is still low, and they do not have such convenience and functionality as their centralized “brothers”. Nevertheless, when you send your money using centralized ones, you will never get it back if something is going wrong. Dex will never freeze your money. For me, DEEX is a very good decentralized exchange. It also has other solutions for users like crypto games.
The number of decentralized exchanges available now is not that low, the few ones that we have is even more than enough to actually satisfy the whole of the market, but the challenge with most of the decentralized exchanges that has been opened is low turnout. We are the main problem of these decentralized exchanges because we do not patronize them for them to have a very high volume to keep the exchange alive.
If we all support the few decentralized exchanges that we have, the issue of security that many people use to have would have reduced drastically because I think decentralized exchanges are still the most secured exchanges that is available right now. When it comes to decentralized exchanges that we can trust, I know binance dex could really be trusted because they are popular and has been in service for a long time now.
