2020 - The year of true DEX adoption?

[Byakuga]

I refuse to accept OP's points because DEx are not as good as centralized exchanges are, great volumes, better liquidity and good clean interface, many will still choose centralized exchanges over dex

[Gotumoot]

Exchanges that offers insta swaps are better, e.g changelly and shapeshift, dex exchanges are still far from perfect and currently they are plague with lack of volumes, the only successful thing about DEX is better security

Ofcourse DEX is good for security hackers are smart also if they can't hack DEX (Decentralised Exchange) Hackers will attack users or investor thru phising link thats is easy to create and easy to copy all dex exchanges website face.  And this is hard for us to find the legit one especially if we are in hurry.  So the only thing we can do is to save Dex website link,  or bookmarked this.

[Wh00re]

I refuse to accept OP's points because DEx are not as good as centralized exchanges are, great volumes, better liquidity and good clean interface, many will still choose centralized exchanges over dex

That's true, right now, however I'm sure once we see better DEX platforms on the market, that more and more people will start to adopt them. The thing is, right now it's way too complicated, and the liquidity is low. Once you can trade inside your own multi currency wallet (Blocknet is soon releasing this), it will become way more accessible, and easy to transact from peer 2 peer.

[tenakha]

if 2020 truly is the YEAR of DEX's? Most decentralized exchanges today, is hardly used, but they are constantly being worked on, and made easier for the average guy to use.

I do not think hacking will help DEXes become more attractive. If so, the community would have switched to DEXes a long time ago. Check out the list, how many DEX are in top 10? The ranking will not change this year as well.

Blocknet caught my attention lately, and their website: https://blockdx.com/ made me believe for the first time in a long time, that it's the future.

Anyone else feeling the same? Sure a DEX doesn't have FIAT on/off ramps, but you don't really need it, when you can trade your coins for stable coins, and use them all over the world basically.

Check out this topic: https://bitcointalk.org/index.php?topic=5211372

[asriloni]

I refuse to accept OP's points because DEx are not as good as centralized exchanges are, great volumes, better liquidity and good clean interface, many will still choose centralized exchanges over dex

that's true and so many times DEX has already created by various entities but as the result of the dex are still getting low demand compared with when we are seeing CEX. So many advantages that already offered by CEX is still superior compared with the advantages that already offered by the DEX. I guess the dex can be an alternative but it will not replace CEX at all.
People will be more careful with the liquidity rather than the security.

[oktana]

I refuse to accept OP's points because DEx are not as good as centralized exchanges are, great volumes, better liquidity and good clean interface, many will still choose centralized exchanges over dex

that's true and so many times DEX has already created by various entities but as the result of the dex are still getting low demand compared with when we are seeing CEX. So many advantages that already offered by CEX is still superior compared with the advantages that already offered by the DEX. I guess the dex can be an alternative but it will not replace CEX at all.
People will be more careful with the liquidity rather than the security.

dex has advantages, but the packaging still looks old.

if there are indeed developments and new options offered, still 1:7 with cex. the thing I predict next is in the end all dex will use kyc like idex and can't avoid it. Current users prioritize liquidity, asset security / accountability, and how the system works profitably packaged on one platform.

[mamahdedeh]

Exchanges that offers insta swaps are better, e.g changelly and shapeshift, dex exchanges are still far from perfect and currently they are plague with lack of volumes, the only successful thing about DEX is better security

Ofcourse DEX is good for security hackers are smart also if they can't hack DEX (Decentralised Exchange) Hackers will attack users or investor thru phising link thats is easy to create and easy to copy all dex exchanges website face.  And this is hard for us to find the legit one especially if we are in hurry.  So the only thing we can do is to save Dex website link,  or bookmarked this.

right, habits of error in individuals. many are less thorough when logging into the real web. besides that many unclear emails tell us to follow his direction by offering attractive prizes. therefore we must take care of ourselves

[tranduong123]

Interest in DEXs is increasing but not significantly, a lot of newly developed exchanges are CEX, and even the big guys are not interested in their DEXs. The reality is that CEXs have more products, features, and ease of use than DEXs.

[rahmathidayat93]

Interest in DEXs is increasing but not significantly, a lot of newly developed exchanges are CEX, and even the big guys are not interested in their DEXs. The reality is that CEXs have more products, features, and ease of use than DEXs.

If I already know about DEX, but for CEX I don't know it myself, can you give an explanation of what is CEX? because the DEX is also easier to use, although the features are not very complete.

[Sithara007]

Even I have tried a lot of these DEX sites, including BISQ for Bitcoin and Etherdelta/Forkdelta for the ERC-20 tokens. But the main problem with these exchanges is the lack of liquidity. And almost all the users consider DEX platforms such as Etherdelta as a dumping ground, and therefore the exchange rates are much lower than what we have in the normal exchanges. The only advantage is that they don't freeze your accounts and ask for KYC information, such as scanned copy of passport or national ID.

[South Park]

On the one hand, centralized Exchanges provide higher liquidity and a greater volume of trade. On the other hand, decentralized exchanges only provide the possibility of trading, without storing private information about users. Centralized cryptocurrency exchanges are being managed by one central body and have convenient interface but decentralized exchanges use blockchain technology and have inconvenient interface. Though centralized exchange model has disadvantages still it has some important advantages. Thereby, I think we have a long path to DEX adoption.

I think the main thing that we are missing is that there is still not a clear winner about which model we're going to follow when it comes to decentralized exchanges, there is not a bitcoin equivalent, and that is definitely a problem because people do not really know if the exchange in which they are trading that they believe is decentralized is actually completely decentralized and this is creating confusion, and that is never a good thing especially for a service that is not really popular right now.

[electronicash]

a DEX would just be used if there will be a volume to it. there are plenty of these DEX starting from bitshares, WAVES paltform, etherdelta, blockdxn and to the latest we have today but all these would just be useless if we still can't find ways to pile a volume for DEX. we are all here in the forum spreading more information that its best to use dex if concern of safer funds but there are still more traders on CEX.

There are too many projects claiming to be DEX. Some of these are what you say ... But if there was already a really big DEX, the volume would have gathered somewhere.

there isn't really a real dex as they said. as long as there is someone creating it then its not a dex. even blockdxn isn't a dex since there is someone controlling who will add coins to it and develops it. something like this will have you questioning which is real dex.  not i'm not sure if the market is really meant o be decentralize but a coin could possibly be.

[Chuky92]

If one needs high security of private information this is where Dex comes to play but apart from that they have a long way to come, that is just the reality. Ask most people why they trade on centralized exchanges the first thing they will say is high volume which is found wanting in Dex. Another reason they would give for trading on centralized exchanges is that they (centralized exchanges) offer good UI which of course is found wanting in Dex. Am not saying Dex aren't worth it but I think there is a large room for improvement if Dex are to stand up against centralized exchanges. Lastly, I used to like Idex until their recent upgrade, therefore I think Ddex is a good one...

[boltz]

Will see as this hype of DEX seems to slowly down and I'm not so sure about the DEX adoption anymore and I have some reasons like :

Waves manipulate the price and making a hybrid exchange so its no longer a dex exchange this caused price to pump a little then go down again and it will stay in this area maybe forever.
Blocknet : Gave up on simple masternodes but did a huge update regarding Blocknet Comet so this I can't pronounce yet but price seems to swing a lot lately so its even accumulation or even a whale got angry and he wants out of the game because there are no TRANSACTIONS FEE generate into the network so those with a lot of coins are generating nothing.
Stakenet : Good team , solid project but lately they lack money and financial support and I do hope they will get it.


This are my 3 dex coins so after this conclusions there are only 2 left because waves its a hybrid one already.