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

[Flux0z]

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...

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[boltz]

I'm thinking the same this is why I'm buying as much dex coins as I can like waves , stakenet , blocknet. All 3 projects have HUGE chances for 2020 to make a major spike in price as their development is highly active and also the roadmap points into this direction. Personally I like Stakenet and Blocknet much more than Waves because Waves have 0 marketing ideas in my opinion , no wonder why the community blames the project and the price won't even recover as we see Waves under 10k satoshi ...which is super sad to see.

[leowonderful]

I too see DEXes likely becoming more popular in the future as regulations around crypto as a whole increases and more and more exchanges start to require more and more extensive KYC in the future. It might not be this year that we see 'em becoming bigger even if another major bull run comes around as a few major exchanges like Binance still allow users who don't submit KYC to trade, but I expect even Binance might start to ask all users for KYC sometime in the future.

[enhu]

Liquidity pool will solve it as some DEX had been planing as well. Its however not close to happening yet.  The number of DEX kept increasing over time. WAVES DEX was one of the oldest but still doesn't have much volume to it but I think they are diverting it all to Tidex which I suppose its also their own project.

I too see DEXes likely becoming more popular in the future as regulations around crypto as a whole increases and more and more exchanges start to require more and more extensive KYC in the future. It might not be this year that we see 'em becoming bigger even if another major bull run comes around as a few major exchanges like Binance still allow users who don't submit KYC to trade, but I expect even Binance might start to ask all users for KYC sometime in the future.

I don't see binance dex to be asking for KYC one day, but the dex I think is just a ploy to lure more users to them who prefer not submitting IDs.

[CjMapope]

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...

Its the upcoming 2020 hype term, we have one every year, stablecoins this year, "DEX's" in 2020
of course yes, most of them wont really be DEX's, as they will still rely on centralized services to middle man, as most of them always have..
real dex's like Bisq, have been around for years, but they are not very user friendly, and we knew that
What will be interesting is if some kind of second layer thing will be developed that can make them ACT more like centralized Dex's, while maintaining TRUE dex status, p2p , wallet to wallet.
(something that will give them speed and liquidity). Is that something that "imesh" can/will be used for? hmmm

[Kang TB]

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

[Classica35]

If by next year, there is so much awareness about decentralized exchanges, particularly the advantages it has over centralized exchanges, not minding its shortcomings. If more people should get to know about this and if they agree with it, then it will happen as proposed.

[jossiel]

Maybe?

We don't know but things like that could happen when there's a major influx of new investors and users coming in. We came to that point already so it might happen and those who don't like to get into KYC might even be fine with Binance's limited account for non KYC verified accounts.

[alyssa85]

It's a chicken and egg thing. People will only join DEX's if there is already existing liquidity, but because nobody will take the first step and everyone is waiting for everyone else, there isn't any liquidity.

Whereas centralised exchanges try to inject liquidity themselves in order to attract members to their exchanges.

Also: there are too many DEX's. People need to settle on just one or two and make them work.

[chaoscoinz]

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 understand that the original idea for Blockchain and Bitcoin was for everything to originally  be decentralized putting the financial power back into the hands of the people, but many of the DEX's are very sketchy and any investor should be weary of depositing their funds into them in fear of not getting them back. I had a real bad experience with TopBtc exchange a while back but after days of refuting my claim I recieved my money back.
  I think whales are also more prone to market manipulation from these smaller DEX's, I feel a little safer with a partially centralized exchange but not completely centralized.

[dataispower]

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...

The major setback with decentralized exchanges is low trading volume, poor speed of operation, poor user interface including other drawbacks. Sometimes I just wonder if some so called DEX are truly decentralized, imagine a DEX requesting to create an account using email, what for? Decentralized exchanges still have a long way to go in order to fully compete with centralized exchanges.

[X-ray]

Yes people hate KYC but when it comes to dealing with huge amount of money they don't mind to do the verification, most of them are hating KYC because the uncertainty whether the other party can be trusted or not and if it's a popular exchange that demands the KYC usually they don't mind. Most of the time as I've seen one of factor that makes DEX lacking liquidity is probably the fact that it's kinda complicated to use for some people. Despite offering more security and didn't demand something like KYC people still finds centralized exchange a lot more convenient than DEX but it seems 2020 the DEX will turn the table I'll be waiting aswell.

[Utoy101]

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...

In my opinion,  the huge success of the DEX will depend solely on two factors which are: A huge bull run and excessive governmental and political influence on the cryptocurrency sector.

Whenever the cryptocurrency sector experience  a bull run,  there will be lot of new people trooping in to gain from the fortunes of cryptocurrency  which will definitely brings about more regristration and excessive volume that will be way above the scalability capacity of centralized exchanges which will cause many of them to lock up new account registration and ses going on frequent maintenance just to increase their bandwidth. This way, people will be left with no other choice than to adopt the use of DEX.

And also,  with the rate at which certain governmemtal parastatals such as US SEC are trying to get hold on cryptocurrency sector by imposing proper registration and identification for USA base cryptocurrency firm, very soon the cryptocurrency sector will be demanding a serious vetting,  then people will have no choice than to use more of DEX and other decentralized wallets.

[IvugeoEvolutionCoin]

Yes people hate KYC but when it comes to dealing with huge amount of money they don't mind to do the verification, most of them are hating KYC because the uncertainty whether the other party can be trusted or not and if it's a popular exchange that demands the KYC usually they don't mind. Most of the time as I've seen one of factor that makes DEX lacking liquidity is probably the fact that it's kinda complicated to use for some people. Despite offering more security and didn't demand something like KYC people still finds centralized exchange a lot more convenient than DEX but it seems 2020 the DEX will turn the table I'll be waiting aswell.

I really hope all crypto enthusiasts switch over to DEX but there are so many limitations which need amendment. Many people (especially those with much funds)  will prefer to do the KYC on reputable exchanges with huge volumes rather than wasting their time on DEX with very poor volume comparatively. We keep saying DEX are secure, but people do not only look at security before choosing an exchange, they consider other factors.

[deadsilent]

I don't know. Only time can tell. If DEX will have good Liquidity. There so many problems of DEXes that need to improve. Only few pair, Liquidity, no direct Exchange to fiat and no stop loss function. This should be improve so people can enjoy the true benefit of Decentralized Exchange. People seek for centralized Exchange no matter what. It's because centralized does offer the DEX can't offer. And the biggest risk in DEX is the government. DEXes will be a vulnerable Target of the government because it breaks policies. Crackdowns more likely to happen once it booms.

[shinratensei_]

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...

2020 could not be a year for dex especially for anonymous DEX. have you seen that some DEXs have forced the users to comply with the regulation especially to verify their account to be verified the account? You are putting a huge expectation to the DEX but the fact that the regulator still can control the DEX. remember DEX is not a native application that builds in the blockchain that can be operated automatically without needed maintenance.

I know you are promoting blocknet but that depends on where the territory of dex based on. If that dex was already made inside of the US territory and that means that dex must comply with SEC regulation. idex is also making KYC as a mandatory for any users.

Dex is not the best solution. The fact people are still wanna following the rules to complete the verification process.

[tenakha]

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...

If there is nothing special about DEX next year, I do not think so. The latest status of DEX is very good, the useful ones are not as few as before. But there is still no interest. I think the lack of trust prevents them, and it is strange that anyone is looking for things centralized in the decentralized system. You can at least try it out with a small amount. The most strange is that money is more valuable than identity.

[pant-79]

I don't think the liquidity in decentralised exchange would ever surpass that if centralised exchanges, it's a sad fact that even new centralised exchanges would just sprout up overnight and the volume would exceed that of an old decentralised exchange in no time, people feel better trading in a centralised exchange although this shouldn't be the case at all cost nsidering the fact that the commodity being traded is a decentralised currency.

[Aabcde]

Nobody knows. Personally I like both, DEX or CEX. But I don't like CEX which requires KYC to be able to withdraw assets, it's better to use Google's 2FA as a security reason.
On the other hand, the giant Binance also had its DEX. I think DEX will start to rise around the middle or end of 2020 if CEX assumes a continuous hack later. Lets the wind blow.

[Eugenar]

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