Will DEX's ever get the liquidity and volume of Centralized Exchanges today?

[DaMut]

DEX should get a decent volume if the platform serves its customer as good as Centralized Exchange, there are many problems that happened with DEX causing people to avoid their platform. Such as High latency of network server, website not responsive, and complexity to execute the orders. Liquidity will come if the users feel comfortable using the platform, this is the biggest problem DEX has right now. It is complicated to use compared with Centralized exchange.

But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.

[Bttzed03]

Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.

Apparently, there are more people who care less about their privacy right now. With several DEX's already forcing KYC for trades bigger than minimum like IDEX, I don't think these rich people will also be attracted to using them.

Could 2020 be the year of DEX's?

I would love to, but not yet.

[Sri rahayu]

~snip~
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.

This sounds good, can you give u recommendation what DEX platform is good to use, I am very grateful if you give the link, because for now I only use idex and forkdelta.

[Wysi]

~snip~
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.

This sounds good, can you give u recommendation what DEX platform is good to use, I am very grateful if you give the link, because for now I only use idex and forkdelta.

Yes it will be helpful if we get to know the decent DEX as I have tried IDEX once and that's all I am done with decentralized exchanges as it's too complicated and I don't think DEX will ever match the growth of centralized exchange unless they invest a huge amount of money to fix all the issues like latency, support, user interface to attract more users which will help them to improve the volume and liquidity but I don't see any decentralized exchanges heading towards the right direction as of now.

[tsaroz]

Yeah, that's a question I keep asking myself these days. There's so many DEX projects, some of them not even being "Real DEX's" like the Binance "DEX". I've been wondering if another bull run could trigger a huge influx of new users towards these projects, since you don't need to own an account to use them.

Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.

Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.

Could 2020 be the year of DEX's? Just a thought...

DEX are currently catching up. They are known for their privacy and lack of a middle man that can intervene. People are realizing they are even faster and cheaper than Centralized exchange. The only thing they are lacking is volume and adoption.
There are cases of DEX being blocked by some ISPs which could easily be circumvented with a VPN.

[milesfull]

If we will see right marketing dex will be able to enter top 20-30 of exchanges, i guess. They just need more time to grow

[DaMut]

~snip~
But lately I could see several good DEX coming up, this is a good sign for future DEX and there is no doubt 2020 there will be something better coming up.

This sounds good, can you give u recommendation what DEX platform is good to use, I am very grateful if you give the link, because for now I only use idex and forkdelta.

Here is the list of the DEX;

1. https://idex.market
2. https://paradex.io/
3. https://0x.org
4. https://www.bancor.network/
5. https://client.wavesplatform.com/
6. https://radarrelay.com/
7. https://bisq.network/
8. https://x.vite.net
9. https://www.stellarx.com/
10. https://trontrade.io/

I am just giving you the DEX that I know, there are more than this out there.

[jets567]

dex is the future of exchange
and maybe in the future Dex will surpass the liquidity and volume on centralized exchange in this day, i believe that

Basically in terms of exchanges, Centralized are more secured that's why people keep on trusting it. In my opinion, DEX is also performing well, it is just in the matter of volume of trades that makes it different from centralized exchanges.

here are some known, and performing DEX in the market.
https://hackernoon.com/top-10-decentralized-crypto-exchanges-for-a-successful-proofofkeys-in-2019-478dc38cff7a

Centralized exchange have built trust form its users which is why people keep using it even though they knew that CEX are attractive for hackers as long as they continue to secure their platform then I guess people will not shift to DEX given that it has low trading volume and have poor user-interface.

[aprilnot]

DEX might be popular someday, but for this year it is still held by CEX. maybe those who hate KYC can still compromise, because without KYC users can still use CEX, even though they have some drawbacks such as smaller withdrawal limits, higher fees and so on. so for now DEX might just be used as a substitute, the main thing remains CEX. but if CEX changes the rules like requiring all kyc without tolerance, maybe a new DEX will be the first.

[Yaunfitda]

But the problem is that CEX has really dominated that market for so long that it's hard to see DEX even comes close to let's say Binance as far as volume is concern.

We all know that it's really better to trade with DEX, however, the marketing strategy of CEX is too much for DEX to overcome. I know that there's a lot of DEX around, but they didn't get the attention it needed, sad but true and crypto trades specially newbies tends to believed that CEX is more safe with all the mandated KYC, Lol.

[caffu chino]

in the near future, I don't think that will be possible. even if people who hate kyc start using DEX it's still difficult. CEX is still needed, despite many unwelcome things like KYC, and security issues. but that is still acceptable to everyone. but one day maybe that will happen, maybe when everyone is fed up with CEX and all the rules.

[letyouearn]

DEX is a very good thing in crypto, I hope they will succeed one day. Definitely this won't happen without a good a long bull run. Now the volumes there are pathetic

[meanwords]

I've been seeing people talking about DEX now, maybe there's a possibily with that. But let's take into account why people still use centralized exchange. People want convenient and easy access, centralized exchanges provides that. I think with DEX, you need to download a software in order to use it or input your own private key for access just like those eth DEX.

[Periodik]

I doubt it. Centralized exchanges are getting stronger day by day. They got the volume, they got the trading pairs, they got the coins, they got the bulk of traders, and they got the nods of the government regulating agencies. I prefer decentralized exchanges over centralized ones but then liquidity as well as coins listed for trading are more important right now. But I hope the DEXes will put up a much better competition against the centralized exchanges.

[pamsugas]

I know DEX is a very good exchange for crypto development but it still needs to be developed. some people I heard complained about the DEX exchange they lost assets there.
DEX might not be able to compete with CEX for 2020 because the SEC doesn't allow if exchanging without KYC is certainly difficult.

[huu78]

Depending on the conditions at 2020 later, whether the ordinary market will be closing a lot of their projects like Coinexchange which closes their exchange because it's not already interesting in it.
It can make DEX a solution to move from the market. The KYC is also a specter for the dreaded community to be dissociable by the market. So, in conclusion, it can be more popular DEX than the usual market.

[masterrex]

Yeah, that's a question I keep asking myself these days. There's so many DEX projects, some of them not even being "Real DEX's" like the Binance "DEX". I've been wondering if another bull run could trigger a huge influx of new users towards these projects, since you don't need to own an account to use them.

Remember Q4 of 2017, when you couldn't even open a Binance account since they got too many registrations at once? With the recent influx of new trading options, some of the volume could be moved towards decentralized solutions such as Blocknet, just to name a project.

Another thing worth speculating on, is people seem to HATE KYC like the plague. Imagine all the rich and wealthy people, like celebs, and people with big time careers, they might not even want to risk disclosing what they hold should a centralized exchange be compromised, which makes DEX's the best solution.

Could 2020 be the year of DEX's? Just a thought...

I think for now its still impossible, if we take into consideration, some DEX are still thriving but some are Dead in terms of volume, that's why users are not happy with it. if you are into trading volume was very important to make the trading works, comparing to centralized exchange volume was great thats why despite of many security issues and regulation including KYC still CEX was getting much users compare to DEX.

[electronicash]

if they start asking for KYC we may not have any option but to stick on centralized exchange. people wouldn't be seeing it useful anymore. old users in bitshares where starting to look the otherway round after they learned the mandatory KYC. we were expecting DEX to remain untouched by government but there we are seeing announcements. right now the only reason people trade there is when the coin is only listed to them nothing more but a dumping ground.

[Nivia1st]

yes maybe that will happen, dex will get trading volume from CEX users who are disappointed with the regulation. but DEX is still not able to replace or become the main choice. CEX is still needed, because there are a number of things that DEX still cannot complete. many think that in the future DEX will become popular. yes I think this statement is not entirely wrong. but have you ever thought if the CEX exchange would release a DEX version, like binance which launched binanceDEX. or a hybrid exchange based on the large exchange that exists today.

[No Pain No blood]

one day that might be. but for now I don't think DEX will get it. DEX is currently only as a substitute, and is not really needed. big coins are still comfortable being in CEX. to be able to get liquidatas from CEX, first DEX must support top ranking coins, they have the opportunity to get trading volume from CEX users. if only relying on coins from a new project, I thought it would only be a dump.