Will Dex's Dominate the Cex's in near future?

[Lasky366]

 Trading volume on Decentralized exchange Uniswap overexceeded $250 mln, during the yesterday's session. So that approached to the score of Centralized Leading Exchanges.

           According to the Bitwise, where score is most trustful, the trading volume of Uniswap even surpassed such leading exchanges as Kraken, Bitfinex & Bitstamp.

[joniboini]

They will if atomic swap is possible. DEX currently lacks the abilities to exchange between multiple chains, so you're stuck with tokens or pegged-tokens, which is not a great solution for long-term trading. Not to mention the hacking risk that's hovering those dexes.

[LeGaulois]

@Lasky366

The column on the right is supposed to include the volumes of fiats? Because if we include them the actual volumes are much larger.
Anyway, even if DEXs get a more significant market in the future, I believe it will remain minimal. Kind of like with GNU/Linux.

Also, I had read on Uniswap, since anyone can create a token it seems some people tend to impersonate Defi protocols. They were forced to publish a warning about ERC-20 token pairings. Maybe the number of people people who fall into it explains it?

[grizmoblust]

 Trading volume on Decentralized exchange Uniswap overexceeded $250 mln, during the yesterday's session. So that approached to the score of Centralized Leading Exchanges.

           According to the Bitwise, where score is most trustful, the trading volume of Uniswap even surpassed such leading exchanges as Kraken, Bitfinex & Bitstamp.

Uniswap is a decentralized exchange that makes me feel very surprised because since Defi projects appeared in this market, this is the exchange that is most interested by many investors. I think there will be a lot of good Defi projects listed here in the near future and this is your chance to choose to invest. However, be careful as the liquidity at Uniswap is still very bad and not every coin can help you make money here.

[Coin_trader]

They will if atomic swap is possible. DEX currently lacks the abilities to exchange between multiple chains, so you're stuck with tokens or pegged-tokens, which is not a great solution for long-term trading. Not to mention the hacking risk that's hovering those dexes.

This is the same reason why DEX growth is not exponential. They are limited on a single chain trading. The only DEX that showing a good result was Uniswap due to its liquidity pool feature and also DeFi projects that consistently sprouting there. Besides that, Other DEX like IDEX are already left behind due to liquidity issue in the exchange. I believe the majority volume of all DEX are currently from Uniswap alone. Atomic swap or some other cross chain feature exchange will be the next big thing on Exchange industry.

[TheUltraElite]

Most users who have come from a traditional background of stock, commodity trading would prefer to go for a CEX. If you are verified user on a CEX you would use that only comparing the problem with DEX of sudden exit scam if the team is anonymous. These are inherent risks of a DEX over a CEX. Just because it allows a decentralized approach does not mean it is going to be a legit operation.

Many scammers have used the veil of decentralization of steal money too.

Even the users who have got into speculative asset class trading would say no to DEXs at first sight because of lack of liquidity and the problem of not having enough coins to exchange too. I was using Uniswap and wanted bitcoin in return of my shitcoin But I only got another altcoin (ETH) as option.

[Wexnident]

It depends? I mean, most people wouldn't even bother with Bitcoin's anonymity, they just want the quick transactions part of it, hence them bothering to use CEX instead of DEX. Plus, most of them would rather be with the more secure one, one that's backed by something instead of something that they themselves need to secure. Ofc, this goes against what Bitcoin really is, but nothing we can do about it tbh. In addition, most people who enter Bitcoin aren't really bothered by the KYC's of CEX in addition and are probably just using Bitcoin to trade or to hodl in the long term. Its anonymity is ignored by a large group of people who use Bitcoin, which is why DEX wouldn't rise up. Not to mention the lack of liquidity most DEX has compared to CEX.

[target]

DEX will not really dominate, there will still people not going to try it, after all, there is more benefit given by CEX.
The DEX though had established themselves especially the Uniswap which is heavily used these days.  Its easy to use and NO kyc too which one would prefer to use than DEX. Its best to just use DEX when you know that sooner the database of these CEX can be accessed by governments.

[GreatArkansas]

DEX will not really dominate, there will still people not going to try it, after all, there is more benefit given by CEX.
(....)

This is also on my mind. Like, even Decentralized Exchange(DEX) will dominate or not, these two types of exchange will remain. Because we can't force people to use Decentralized Exchanges(DEX) or centralized. We all have different want to achieve for using exchanges, or different result.
This is like also comparing a motor cycle to the car which, you can both reach the destination but on different ways or different medium used.

[gentlemand]

Nope. Never.

I hope they improve to the point where they're a viable choice for those who are inclined that way, but most people want their hand held and someone to moan to. That means centralised exchanges will get bigger and bigger so even if you would prefer to go decentralised the volume and liquidity of the centralised option will be too much temptation to resist.

[Jating]

Nope. Never.

I hope they improve to the point where they're a viable choice for those who are inclined that way, but most people want their hand held and someone to moan to. That means centralised exchanges will get bigger and bigger so even if you would prefer to go decentralised the volume and liquidity of the centralised option will be too much temptation to resist.

I agree, traders, specially newbies are very naive and would rather used centralised exchanges because that's what they learn from the market itself. But if you would have to look at it centralised exchanges are prone to hacks and lost of funds.

And then you will hear around those newbies bitching around when they get hacks or something went wrong, i.e., then can't withdraw. But it won't stop those noobs from using them not now, not when the market goes on another bull run.

[gentlemand]

I agree, traders, specially newbies are very naive and would rather used centralised exchanges because that's what they learn from the market itself. But if you would have to look at it centralised exchanges are prone to hacks and lost of funds.

And then you will hear around those newbies bitching around when they get hacks or something went wrong, i.e., then can't withdraw. But it won't stop those noobs from using them not now, not when the market goes on another bull run.

Where the decentralised options would most definitely be better is at the shithole end of the market. Noobs would save themselves a lot of pain rejecting the piece of crap centralised options.

I don't think that'll ever happen though as many of them seem to have a verrry powerful attraction to the worst and most obscure and abusive places they can possibly find. I find out about 95% of the places I've never previously heard of from their squealing about being ravaged by them.

[beerlover]

I do not think so. Places like binance offers a lot more than just freedom or centralization, they are providing you with a system that works so well and such a high volume that people would have hard time moving to another place until it has a huge volume as well but since they are not moving until they see it, others do the same and that causes the DEX to not have that much of a volume and that is why people keep not moving there.

Certainly DEX could be bigger than what they are right now, that is a total possibility because they are going to get better and better, however at the same time more money will go into crypto meaning there would be an increase in DEX but there will be an even bigger increase in the CEX as well. That is why I think CEX will always stay as the kings.

[ololajulo]

The multichain challenge with DEX still looks like a hard nut to crack. A lot of people still seek the anonymity DEX provides but they still are struggling smaller problem the exchanges cant help with. With data provided by the OP how much volume DEX will drive if it was multichain. Most of the top 100 coins on the marketcap are with divers blockchain, which I think traders will even prefer to trade with anonymity.

[kkofor]

DEX will not really dominate, there will still people not going to try it, after all, there is more benefit given by CEX.
The DEX though had established themselves especially the Uniswap which is heavily used these days.  Its easy to use and NO kyc too which one would prefer to use than DEX. Its best to just use DEX when you know that sooner the database of these CEX can be accessed by governments.

Personally, I prefer to trade at CEX because there are more benefits to me and there are ways to make money when you don't want to trade. I tried trading at DEX and got bored because it didn't leave any impression on me. However, there are still a lot of DEXs that are attracting a lot of investors like Uniswap and it is certain that this exchange will be a new force in the crypto market.

[boyptc]

Easier to use, these are the CEX.

And which is easy to use, people will be there. DEX is sort of complicated and not all traders are not willing to use it. But no offense for DEX users, both can co-exist at the same time.

[exstasie]

Nope. Never.

I hope they improve to the point where they're a viable choice for those who are inclined that way, but most people want their hand held and someone to moan to.

They are also just not time tested. There have been some horrible fuck-ups in the DeFi space, with huge sums of money compromised due to exploited bugs. I just don't trust most of the smart contracts underlying these protocols. Centralized exchanges are in a better position to prevent such exploitation, and roll back trades if necessary.

It could be decades or more before they are truly reliable enough, let alone truly decentralized.

[Emitdama]

You just can’t tell, anything can happen man. But the direction things are heading, I still think that CEX are going to continue to take the lead.

The other CEXs might be behind what Uniswap did, but Binance is very far ahead of them all, and for a DEX to get that high it might be difficult. Why I am saying that CEX might continue to be at the top is because a lot of people are concerned about safety when trading their coins these days and that will lead to them making use of centralized exchanges, especially those that are still newbie, since that’s what they get from making use of those. As for DEX, it will take time for them to get the hang of it.

[target]

You just can’t tell, anything can happen man. But the direction things are heading, I still think that CEX are going to continue to take the lead.

The other CEXs might be behind what Uniswap did, but Binance is very far ahead of them all, and for a DEX to get that high it might be difficult. Why I am saying that CEX might continue to be at the top is because a lot of people are concerned about safety when trading their coins these days and that will lead to them making use of centralized exchanges, especially those that are still newbie, since that’s what they get from making use of those. As for DEX, it will take time for them to get the hang of it.

I don't think its safety is the reason why we go to CEX, its about the list of tokens there and the volume where we can trade without having to pick an order. Theres definitely safer than CEX like the wallet projects that can connect to exchanges which is kind of a non custodial but its the liquidity that we aim to have.

The DEXs are gradually getting good liquidity actually. Over the past years since the time of bitshares and now the uniswap, its volume are growing and we can see it above.

[wxa7115]

I really hope this is the case but even if that doesn't happen we at least need several strong decentralized exchanges that offer you the ability to trade your coins without having to go through know your customer policies that are becoming so prevalent in centralized exchanges, otherwise this market is going to be dominated by those centralized exchanges and our ability to trade our bitcoins or any other coin for that matter is going to become very limited.

However I really think it is too soon for decentralized exchanges to dominate centralized exchanges so I really don't think this is going to happen until a few decades pass and that is a little bit depressing.

[grizmoblust]

You just can’t tell, anything can happen man. But the direction things are heading, I still think that CEX are going to continue to take the lead.

The other CEXs might be behind what Uniswap did, but Binance is very far ahead of them all, and for a DEX to get that high it might be difficult. Why I am saying that CEX might continue to be at the top is because a lot of people are concerned about safety when trading their coins these days and that will lead to them making use of centralized exchanges, especially those that are still newbie, since that’s what they get from making use of those. As for DEX, it will take time for them to get the hang of it.

CEX is simpler to use and often has a lot of events that help traders make money so for me, CEX is still the number one choice in this market. It's up to everyone's preference but the last few months DEX is making a comeback and the most prominent is Uniswap as it is being viewed as the highest-volume decentralized exchange of all DEX. Anyway, you should make your own decisions and consider carefully before choosing a trading place.

I think DEX is much better because you don't need to worry too much about security and you are the direct asset holder so it will be difficult to lose money. I only use CEX when the need arises and I only choose large exchanges like Binance or Huobi because these are the 2 safest centralized exchanges for investors. In the next few years, DEX will be a new force and will definitely replace the CEX completely.

[dimonstration]

You just can’t tell, anything can happen man. But the direction things are heading, I still think that CEX are going to continue to take the lead.

The other CEXs might be behind what Uniswap did, but Binance is very far ahead of them all, and for a DEX to get that high it might be difficult. Why I am saying that CEX might continue to be at the top is because a lot of people are concerned about safety when trading their coins these days and that will lead to them making use of centralized exchanges, especially those that are still newbie, since that’s what they get from making use of those. As for DEX, it will take time for them to get the hang of it.

CEX is simpler to use and often has a lot of events that help traders make money so for me, CEX is still the number one choice in this market. It's up to everyone's preference but the last few months DEX is making a comeback and the most prominent is Uniswap as it is being viewed as the highest-volume decentralized exchange of all DEX. Anyway, you should make your own decisions and consider carefully before choosing a trading place.

I think DEX is much better because you don't need to worry too much about security and you are the direct asset holder so it will be difficult to lose money. I only use CEX when the need arises and I only choose large exchanges like Binance or Huobi because these are the 2 safest centralized exchanges for investors. In the next few years, DEX will be a new force and will definitely replace the CEX completely.

The common problem about DEX was the trading was limited to the native blockchain of the DEX. You can’t buy non-ERC20 token to IDEX, Uniswap and soon, Same scenario to other DEX like Tron and EOS, some of them already offers crosschain but very limited. And also the liquidity is the main issue on using them, they have no market maker so definitely you can’t have a good trade there for certain coin that don’t have a loyal traders on it.

CEX is currently still the best for trading because have access to most of the coins. The only downside on using it is you don’t have fully control to your account and they require KYC.

[rodskee]

I really hope this is the case but even if that doesn't happen we at least need several strong decentralized exchanges that offer you the ability to trade your coins without having to go through know your customer policies that are becoming so prevalent in centralized exchanges, otherwise this market is going to be dominated by those centralized exchanges and our ability to trade our bitcoins or any other coin for that matter is going to become very limited.

However I really think it is too soon for decentralized exchanges to dominate centralized exchanges so I really don't think this is going to happen until a few decades pass and that is a little bit depressing.

The direction still depends from how traders will embraced the system, we all knew that there are crypto
investors who wanted to stay as anonymous while dealing to this business.
People who value their privacy will support DEX for sure, it's a good way to prevent dealing with KYC and
exposing their true identities.
Though we can also consider those traditional traders who will choose to stay with DEX as there's extra
securities that will give additional protection to their investments.
It will take time if this domination will take place, lots of informational drive for people to learn how DEX
works and what will be the benefits using it.

[chip1994]

wow, that is a very impressive volume, arguably the largest volume in DEXs ever. But let's look back, Uniswap has increased volume a lot based on the recent Defi trend and it is only a tool for investors to buy, in addition, the main activity of investors or whales is still in exchanges. I think this is just a temporary explosion of Uniswap and if the Defi trend ends then everything will be back to the beginning. so do not fomo on Dex, it will never replace Cex.

[thesmallgod]

Aside uniswap, you must also take note the trading volume of other DEX and make a comparable difference with that of the other CEX. While DEX is very good if you don't want to provide any of your identity, transaction charges are high and low liquidity rate. There is no doubt that DEX will dominate CEX in the nearest future as the CEX platforms too are continuously developing with integration of new feature 

[bearexin]

DEX are making a good move but they had to change it from one way to another to attract more coins that are hyped right now to get a lot more volume however that is a temporary strategy, I am pretty sure they would require to keep this up for a long time before they could say they are legit and I do not think that this strategy will go that long.

So, they have to keep changing strategies all the time to keep finding coins with high volume and hype that people can't find anywhere else or find something totally different that would cause people to trade there over places that could be CEX but have billions of trading volume all together. I do not know how a truly "decentralized" place could fight with a place that is making tens of millions of dollars constantly.

[Quidat]

DEX will not really dominate, there will still people not going to try it, after all, there is more benefit given by CEX.
The DEX though had established themselves especially the Uniswap which is heavily used these days.  Its easy to use and NO kyc too which one would prefer to use than DEX. Its best to just use DEX when you know that sooner the database of these CEX can be accessed by governments.

DEX would exist but it wont really come to a point that they would able to surpass CEX when it comes to liquidity and feature when you do able to convert out your crypto to fiat which is
the most important thing imho this is why people do prefer on using up CEX platforms due to this reason.Dex is there but it wont dominate yet we know on what people do really needs
in the end of the day.DEX can give out that anonymity but as mentioned there are already platforms that dont ask out KYC for you to trade up.Well, it isnt really that
much an issue because having both is already considered as an good option for us traders.

[Jating]

DEX will not really dominate, there will still people not going to try it, after all, there is more benefit given by CEX.
The DEX though had established themselves especially the Uniswap which is heavily used these days.  Its easy to use and NO kyc too which one would prefer to use than DEX. Its best to just use DEX when you know that sooner the database of these CEX can be accessed by governments.

DEX would exist but it wont really come to a point that they would able to surpass CEX when it comes to liquidity and feature when you do able to convert out your crypto to fiat which is
the most important thing imho this is why people do prefer on using up CEX platforms due to this reason.Dex is there but it wont dominate yet we know on what people do really needs
in the end of the day.DEX can give out that anonymity but as mentioned there are already platforms that dont ask out KYC for you to trade up.Well, it isnt really that
much an issue because having both is already considered as an good option for us traders.

But as we go and move forward, centralised exchanges are going to ask for our personal data, that is inevitable, we can't really get out of that issue as in the next 2-5 years maybe all CEX are now going to require full KYC regardless of the amount that you are going to withdraw and that's what most early crypto adopters doesn't like.

Of course there is DEX as well, but the main problem or challenge with them is liquidity and not many options for crypto traders.

[Reatim]

wow, that is a very impressive volume, arguably the largest volume in DEXs ever.

Sure it is really an amazing achievement coming from DEX platform, a huge volume where money is really residing.

But let's look back, Uniswap has increased volume a lot based on the recent Defi trend and it is only a tool for investors to buy, in addition, the main activity of investors or whales is still in exchanges.

This factor is right, investors are using this venue to buy the current hot trends DeFi but still they are relying with CEX exchange
as the main exchange when making the trade.

I think this is just a temporary explosion of Uniswap and if the Defi trend ends then everything will be back to the beginning. so do not fomo on Dex, it will never replace Cex.

It may but it will take many more actions coming from traders and investors, without any support, everything will go back
to CEX and the cycle will be back money will continue to flow to CEX exchange,.

[Kelvinid]

DEX are making a good move but they had to change it from one way to another to attract more coins that are hyped right now to get a lot more volume however that is a temporary strategy, I am pretty sure they would require to keep this up for a long time before they could say they are legit and I do not think that this strategy will go that long.

I don't think there is a need to change but just have to sustain what they are doing today for a much better trend. The launch of Defi made that magic and it helps Decentralized exchanges more interesting to look like as the rising momentum sustained.

So, they have to keep changing strategies all the time to keep finding coins with high volume and hype that people can't find anywhere else or find something totally different that would cause people to trade there over places that could be CEX but have billions of trading volume all together. I do not know how a truly "decentralized" place could fight with a place that is making tens of millions of dollars constantly.

DEX did it great already and that is very much appreciated by traders and investors. The surge of its market volume did simply mean that people are more confident with DEX than CEX as can be of huge potentials. I'd don't think there is an instant market effect but for sure it has a positive and it certainly changes the market movements.

[imstillthebest]

Aside uniswap, you must also take note the trading volume of other DEX and make a comparable difference with that of the other CEX.

other dex are low and can be compare to low cex but do we really need to do it ? each of them is different ( one is centralize and the other is decentralize )  .

While DEX is very good if you don't want to provide any of your identity, transaction charges are high and low liquidity rate. There is no doubt that DEX will dominate CEX in the nearest future as the CEX platforms too are continuously developing with integration of new feature  

its only good because of one main feature and that is non kyc but the rest were still bad . its not enough to attract many people to use dex  . cex are also doing thier best to improve  .

i cant believe that uniswap takes the lead on the dex rank because its only new and there are also negative feedbacks that i read on this forum towards them  .

[davinchi]

Honestly I'm not getting how those so-called decentralized exchanges are decentralized. I'm not seeing there is a community and they are exchanging within themselves without need of any centralized authority/engine; Yes.. just owning the private key of the deposit address of an exchange will not serve the actual purpose of being decentralized exchange.

I mean what we are having in the name of the decentralized exchanges are not actually decentralized service providers. So, there will be no surprises when they are dominating rest of exchanges.

In my opinion, the actual decentralized way of exchanging is, what we are having in currency exchange board of this forum.

[gentlemand]

Honestly I'm not getting how those so-called decentralized exchanges are decentralized.

What most really should bill themselves as is non custodial which is very important too but I doubt they think it looks as impressive.

For true decentralisation they need to leave domain names and hosting behind and switch to something on chain. Even then since most wallets are running off someone else's node you still might have sticky moments.

[samcrypto]

Easier to use, these are the CEX.

And which is easy to use, people will be there. DEX is sort of complicated and not all traders are not willing to use it. But no offense for DEX users, both can co-exist at the same time.

I also experiencing some hard time to explore DEX and quiet complicated for a newbie but of course if you usually used DEX then you’ll like it later on. I also believe that CEX and DEX will co-exist simply because investors still want to use an exchange that is being regulated so when the problem comes, they can go to a court and sue the person behind it. You can trade on any exchange that you want, volume is just here for your analysis and your trading plan is still matter so don’t forget to create strategies on any exchange.

[AmoreJaz]

Aside uniswap, you must also take note the trading volume of other DEX and make a comparable difference with that of the other CEX.

other dex are low and can be compare to low cex but do we really need to do it ? each of them is different ( one is centralize and the other is decentralize )  .

While DEX is very good if you don't want to provide any of your identity, transaction charges are high and low liquidity rate. There is no doubt that DEX will dominate CEX in the nearest future as the CEX platforms too are continuously developing with integration of new feature 

its only good because of one main feature and that is non kyc but the rest were still bad . its not enough to attract many people to use dex  . cex are also doing thier best to improve  .

i cant believe that uniswap takes the lead on the dex rank because its only new and there are also negative feedbacks that i read on this forum towards them  .

just wait and uniswap will be full of crap projects! most of them will have very short lifespan. when the dev got their pockets full, they will abandon their project and so sooner or later, uniswap will be full of abandoned ones.
 right now, they are enjoying their opportunity, but traders will find out later on, that this exchange is the central point of scammers, cheaters, and the likes.
im still with reputable CEXs, at least they are not just listing any other token or coin. they have at least standard requirements that they follow.

[RealMalatesta]

Despite that, there is one thing about DEX's that I don’t really like, and that’s the fact they don’t look as good as CEX.
I know some people would say look doesn’t matter, that the most important thing is whether the exchange is good, well look does matter. And moreover there are lots of centralized exchanges that has better looks and they also function very well. So, for me this is important. And newbies usually find it difficult to navigate through DEX, because they are usually complicated for them. These are the areas that DEX should really improve.

[ethereumhunter]

I think CEX will still dominate the crypto market for a while because CEX gives an easy to use to trade. People don't have to think to send some balance to cover the fee when they trade. Even if some CEX using verification to complete KYC, people don't mind doing that because if they can feel comfortable to trade, they will use it without overthinking. We already have many recommended CEX, and we still use it to trade. But if DEX can give the easiness to trade, maybe people will move to DEX. I think it's about a feeling of comfort that will make people like to stay on the CEX or DEX.

[Shasha80]

I'm not sure DEX will dominate the CEX, because the risk of DEX is much greater than CEX. It can be seen that there are still many
centralized exchanges used by investors and traders until now. And it must be admitted that there are a lot of scammers who use DEX
to do something illegal activities, this makes DEX look bad to some people. For myself why is it more comfortable to use CEX than DEX,
because the choice of coins for trading CEX is more than DEX.

[piebeyb]

people waste a lot of money on expensive transaction fees on uniswap, of course as we know high gas costs since a few days ago the erc20 token or ethereum token, so I will of course waste my money by buying and selling on uniswap DEX, I prefer to exchange CEX it does not use expensive fees, maybe the DEX trading volume is carried out by a few rich people who take advantage of the situation

[target]

Honestly I'm not getting how those so-called decentralized exchanges are decentralized.

What most really should bill themselves as is non custodial which is very important too but I doubt they think it looks as impressive.

For true decentralisation they need to leave domain names and hosting behind and switch to something on chain. Even then since most wallets are running off someone else's node you still might have sticky moments.

As far as I know they can leave domains after all they do have Apps for IOS and android just like bitsdaq and blocknet they can leave domains because they can be installed locally. Its hard for them to be located by users though if they won't have a webpage.
The projects in the past run like this back in the days where only wallets are to be downloaded from megaupload links.

[2bfree]

I hope they go out of business. I got my coins "frozen" for over 2 years on a big exchange that everyone loves because i comited a crime of traveling so it's for my protection. I had to do KYC which I did then web cam, then more nothing now they want me to show camera video of where I origianted first deposit and crap like that so they just want to steel my fund. I have google autenticator i can trade i have access i just cant remove they blocked it. I hope they bancrupt scum! I like dexes because of scum like this who want me to dance like a monkey on a camera to get my own bitcoin they stole.

[akram143]

Decentralized exchanges are not going to support trading on different blockchains so the usability is lot less than centralized exchanges, and security is supposed to be higher in DEX but in reality decentralized exchanges are also hacked and no one is going to take responsibility for that which is the reason why people trusting centralized exchanges where they have team to keep tracking all the security breaches.

[cosmofly]

This is just a short term boom. In fact, Dex existed at the same time as Cex many years ago but it has not exploded yet. Due to the emerging trend of Defi, many investors choose Uniswap to trade, it will be more convenient and in the right way that project owners want. In my opinion it is only about 3 months until the Dexs will be silent again and nothing great will happen, so do not expect too much on Dex, where transaction fees are high and inconvenient. it has never been an exchange in accordance with the criteria of the traders.

[Oilacris]

I hope they go out of business. I got my coins "frozen" for over 2 years on a big exchange that everyone loves because i comited a crime of traveling so it's for my protection. I had to do KYC which I did then web cam, then more nothing now they want me to show camera video of where I origianted first deposit and crap like that so they just want to steel my fund. I have google autenticator i can trade i have access i just cant remove they blocked it. I hope they bancrupt scum! I like dexes because of scum like this who want me to dance like a monkey on a camera to get my own bitcoin they stole.

You would really need to deal up with this kind of thing when you are using up centralized platform since they do have all the power and rights on their users funds and when they do neither
saw a true problem or just trying to steal out funds then they would really be making these bullshit alibis.

Decentralization is what we want but we cant deny that centralized platform does really have significance even though it isnt really that appealing for such having being controlled
but people do need to make up some conversion to or from fiat which dex cant offer.

These platforms will still exist but cant dominate Cex's in future.

[princerepon]

Dex still have lot of problem but i think dex is the future platform for trade. Past few weeks we saw how defi projects and dex exchanges doing great. Most of people don't know about Uniswap exchange few months ago but now this is one of the biggest dex exchange in crypto space. Many well known crypto genius even binance CEO told before that dex will be rule the crypto world in future and it seems that time already stared.

[Twinkledoe]

Dex still have lot of problem but i think dex is the future platform for trade. Past few weeks we saw how defi projects and dex exchanges doing great. Most of people don't know about Uniswap exchange few months ago but now this is one of the biggest dex exchange in crypto space. Many well known crypto genius even binance CEO told before that dex will be rule the crypto world in future and it seems that time already stared.

Don't trust too much about this Uniswap exchange. They may be doing good right now because of the DeFi hype but once dust settled, I don't think it will still be the same. I have the feeling that this exchange will be full of crap projects later on. As they can accept every project that wants to be listed and no filter whatsoever, the time will come that worthless tokens will pile up on top of another.  I still believe that we need some criteria in this market, especially that scammers are everywhere in this industry. So I still vote for CEX.

[wxa7115]

wow, that is a very impressive volume, arguably the largest volume in DEXs ever. But let's look back, Uniswap has increased volume a lot based on the recent Defi trend and it is only a tool for investors to buy, in addition, the main activity of investors or whales is still in exchanges. I think this is just a temporary explosion of Uniswap and if the Defi trend ends then everything will be back to the beginning. so do not fomo on Dex, it will never replace Cex.

We do not really need that DEXs replace CEXs we need for them to become a viable alternative for those that want to trade with a decent amount of capital, some time ago I remember that I tried to buy bitcoin in one of those DEXs and the volume was so low that it was simply not worth my time, and I must say that I do not really have a lot of money to buy bitcoin, so it seems that things are changing and that is good.

However as you say I really think that what it is happening is that people are getting too excited about this DeFi trend and this will be a problem because I do not see how this can be maintained over the long term and this means that a crash in the volume of DEXs is inevitable.

[gentlemand]

As far as I know they can leave domains after all they do have Apps for IOS and android just like bitsdaq and blocknet they can leave domains because they can be installed locally. Its hard for them to be located by users though if they won't have a webpage.
The projects in the past run like this back in the days where only wallets are to be downloaded from megaupload links.

Going from a site to an app is just swapping one form of vulnerability and centralisation for another. There'll still be back ends that can be accessed and messed with.

The natural place for this is on chain or baked into the reference wallet. No idea how easy or hard that is. Maybe not too sexy for marketing purposes though.

[abel1337]

Dex still have lot of problem but i think dex is the future platform for trade. Past few weeks we saw how defi projects and dex exchanges doing great. Most of people don't know about Uniswap exchange few months ago but now this is one of the biggest dex exchange in crypto space. Many well known crypto genius even binance CEO told before that dex will be rule the crypto world in future and it seems that time already stared.

Don't trust too much about this Uniswap exchange. They may be doing good right now because of the DeFi hype but once dust settled, I don't think it will still be the same. I have the feeling that this exchange will be full of crap projects later on. As they can accept every project that wants to be listed and no filter whatsoever, the time will come that worthless tokens will pile up on top of another.  I still believe that we need some criteria in this market, especially that scammers are everywhere in this industry. So I still vote for CEX.

I believe that this hype will eventually turn the events like what happened in dex hype from a couple of years ago also there's a very good chance that shit project will take advantage of this hype. I just hope that this hype will turn good for the whole crypto community and the whole crypto itself. For now we can just ride the trend and also take advantage of it as a trader, This can be a good opportunity for some of us.

[gbrendeh]

That will be the dream of most traders as the CEX collect much information from trader which is against the anonymity of the blockchain revolution.

[Strongkored]

Dex still have lot of problem but i think dex is the future platform for trade. Past few weeks we saw how defi projects and dex exchanges doing great. Most of people don't know about Uniswap exchange few months ago but now this is one of the biggest dex exchange in crypto space. Many well known crypto genius even binance CEO told before that dex will be rule the crypto world in future and it seems that time already stared.

Looks great because DeFi hype, prices go up significantly which definitely makes volume look high, not because it can provide new innovation to DEX, when DeFi starts to fade there will definitely be a decrease in volume before there are new projects types that being trend.

[leyton11]

It seems that the Defi trend is helping investors to understand the value of Dexs. I cannot predict anything but after the events of ICO investing through Dex will change the view of many people about Dex. This will be great for future Dex developers, as future ICO projects will raise capital through Dex channels and this is an opportunity for them. Hopefully there will be some Dex emerging after this Defi trend, our market will diversify.

[grizmoblust]

It seems that the Defi trend is helping investors to understand the value of Dexs. I cannot predict anything but after the events of ICO investing through Dex will change the view of many people about Dex. This will be great for future Dex developers, as future ICO projects will raise capital through Dex channels and this is an opportunity for them. Hopefully there will be some Dex emerging after this Defi trend, our market will diversify.

A lot of DEX have appeared in recent times and Uniswap can be seen as a decentralized exchange being targeted by many Defi projects. I believe DEX will dominate CEX soon someday but it will definitely take a lot of time. However, there are still some investors who prefer to trade at CEX as these exchanges have more ways of making money.

[bitgolden]

I believe that there are times when Dex and other stuff gets hyped and become bigger, and there are times the hype dies down and they are no longer interesting, same happens over and over again, eventually dex will grow a lot bigger, and I mean really a lot but that doesn't mean Cex are staying put neither, they are doing quite good for themselves.

Hopefully with over time people will be capable of actually making better decisions about which one they want to use not based on emotions but based on facts and that way they could at least know why they are getting into it. Just because there is some defi that you want to participate and it is on a dex doesn't mean that you are going to use Dex for the right reasons, that is using it for the defi and not for the exchange itself and a wrong reason.

[Johnyz]

That will be the dream of most traders as the CEX collect much information from trader which is against the anonymity of the blockchain revolution.

But until now DEX is not that good compare to CEX and despite KYC is being collected on KYC, users have no more choice but to comply or else they will not qualify to use the services of CEX. DEX has a chance to be on top, we just need a better developer so they can offer to us a greater service not unlike the DEX that we have right now where listing a token is super easy.

[Wawa2013]

What happened to Uniswap exchange is the effect of DeFi projects that are currently hype. But it is still too far to conclude that DEX will
dominate CEX in the near future, because there are still many shortcomings that DEX currently has. So we give time to DEX develop even
better. But I agree that someday DEX can beat CEX, but it will take a while.

[milewilda]

I believe that there are times when Dex and other stuff gets hyped and become bigger, and there are times the hype dies down and they are no longer interesting, same happens over and over again, eventually dex will grow a lot bigger, and I mean really a lot but that doesn't mean Cex are staying put neither, they are doing quite good for themselves.

Hopefully with over time people will be capable of actually making better decisions about which one they want to use not based on emotions but based on facts and that way they could at least know why they are getting into it. Just because there is some defi that you want to participate and it is on a dex doesn't mean that you are going to use Dex for the right reasons, that is using it for the defi and not for the exchange itself and a wrong reason.

There would always be a reason why people do consider other places and this do example out with the new DeFi hype. Dex is getting another recognition or attention which do really make its volume sore up but
as mentioned that this hypes do eventually die down and would go to the casual stuff on where people do end up on using centralized platforms because they can able to switch up crypto to fiat which
isnt or cant be made with decentralized platforms but having these Dex will really be a good choice for those people who do really give out importance when it comes to anonymity
but to know the fact that centralized exchange doesnt necessarily for you to pass up Kyc.

[TheUltraElite]

Don't trust too much about this Uniswap exchange. They may be doing good right now because of the DeFi hype but once dust settled, I don't think it will still be the same.

Uni had a good private funding. So it does not matter to them whether the DeFi season ends or not. They will make money, pay off their employees and investors and then back off once the dust settles. Point is that it is an exchange and you cannot say that an exchange is scam because they list these tokens, that is childish to do.

I have the feeling that this exchange will be full of crap projects later on.

Which exchange out there is not full of crap tokens?

As they can accept every project that wants to be listed and no filter whatsoever, the time will come that worthless tokens will pile up on top of another.

Etherdelta:ERC tokens = Uniswap:DeFi 

I still believe that we need some criteria in this market, especially that scammers are everywhere in this industry. So I still vote for CEX.

That we can all agree on. But the point is that even after so many years of scams happening, we need to be careful to know where to put our money. That is what I feel should be given more stress. Scams are everywhere but to know which one is legit is tough. The simpler thing is to just buy bitcoin and hold that for mid-long term.

[mersal]

Every shitcoin is getting oversold in Uniswap due to defi so the volume also getting increasing day by day but soon there will be an end to this madness.The real decentralized exchanges are still lacking the volume and there is no way for them to dominate the volume of exchange like binance.

[cryptothreads]

Every shitcoin is getting oversold in Uniswap due to defi so the volume also getting increasing day by day but soon there will be an end to this madness.The real decentralized exchanges are still lacking the volume and there is no way for them to dominate the volume of exchange like binance.

Now a lot of coins are listed at Uniswap and are a new force in this market. As I know, recently Defi projects are attracting a lot of big investors and according to new data, the capitalization in Defi projects has reached $2 billion.

This is a staggering number and I expect it to grow even higher over the next few months.

[justdimin]

I do not even believe their volume, they look so fake, all those coins that never got even listed suddenly has thousands of them traded for some reason, I can never understand why something that has been around for 6 months and has a total volume (ever) of 100k maybe suddenly getting 15-20k per day, that doesn't add up.

All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.

[zasad@]

https://justswap.io/#/home
If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.

To trade you need to install TronLink Wallet
https://www.tronlink.org/

[TimeTeller]

I do not even believe their volume, they look so fake, all those coins that never got even listed suddenly has thousands of them traded for some reason, I can never understand why something that has been around for 6 months and has a total volume (ever) of 100k maybe suddenly getting 15-20k per day, that doesn't add up.

All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.

Most DEXs are just used by crappy projects that can't pass thru the requirements of CEX.
Though not all of them are crap, but as you can see now in Uniswap, those dead tokens suddenly become DeFi token and now in trading with them.
There are advantages of using the DEX, but at least with centralized exchanges, they are abiding certain regulations from where they are licensed.
Whereas, DEX can disappear anytime they want without getting worried being sued especially if no one knows where they are.
Just choose your exchange where you will trust your funds with. But still don't forget not to store your funds long term in those exchanges, whether DEX or CEX.

[diskodasa]

https://justswap.io/#/home
If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.

To trade you need to install TronLink Wallet
https://www.tronlink.org/

JustSwap has not really attracted investors in the past few weeks because there is not much use of the TRON platform so I will definitely be very difficult for the project.

Uniswap is now dominating DeFi projects and the downside of this exchange is that gas fees are too high and many transactions canceled make it easy for us to lose money. Hopefully SUN will have a way to make the TRON platform more noticeable because TRX's transaction fees are very cheap and can freely trade.

[zasad@]

https://justswap.io/#/home
If you want to test how decentralized exchanges work, then try this one.
I am not going to recommend Ethereum decentralized exchanges right now because fees are huge.
Tron 4.0 is the upcoming ETH 2.0 that will hopefully be even faster.
The Tron coin has very fast transactions and very cheap fees. Trading is a great pleasure.

To trade you need to install TronLink Wallet
https://www.tronlink.org/

JustSwap has not really attracted investors in the past few weeks because there is not much use of the TRON platform so I will definitely be very difficult for the project.

Uniswap is now dominating DeFi projects and the downside of this exchange is that gas fees are too high and many transactions canceled make it easy for us to lose money. Hopefully SUN will have a way to make the TRON platform more noticeable because TRX's transaction fees are very cheap and can freely trade.

I stopped trading on uniswap because $ 20-30 commissions make purchases less than $ 500 illiquid. Because you have to spend 40-60 dollars to buy and sell.
TRON is actively beginning to develop its defi ecosystem.
I'm staking TRON in this project
https://medium.com/@TronFoundation/an-open-letter-to-the-community-about-sun-genesis-mining-fa8a743eca1f
https://sun.io/#/home

[suzanne5223]

I do not even believe their volume, they look so fake, all those coins that never got even listed suddenly has thousands of them traded for some reason, I can never understand why something that has been around for 6 months and has a total volume (ever) of 100k maybe suddenly getting 15-20k per day, that doesn't add up.

All of this will eventually be shown and why it was like this during this period will be known, aside from that I really don't know what I can say, I believe CEX is our past and present and it will be our future as well, without someone actually taking over the exchange and making some profit, they are not going to keep improving it, if you give people the rights from start they will work harder every day to make more and more profit from it.

Most DEXs are just used by crappy projects that can't pass thru the requirements of CEX.
Though not all of them are crap, but as you can see now in Uniswap, those dead tokens suddenly become DeFi token and now in trading with them.
There are advantages of using the DEX, but at least with centralized exchanges, they are abiding certain regulations from where they are licensed.

Both DEX and CEX have there own advantage and disadvantages. However, some CEX also listed crappy crypto an example is p2pb2b and latoken. But for crypto to be global adopted and use as mainstream of payment CEX will have to be the dominating exchange in future.

Whereas, DEX can disappear anytime they want without getting worried being sued especially if no one knows where they are.

Such occasion also happens with CEX an example is Chaoex which just disappear without telling user to withdraw their coins and even if a DEX disappear theres nothing to be bother since  user dont transfer their asset to the exchange in the first place.

Just choose your exchange where you will trust your funds with. But still don't forget not to store your funds long term in those exchanges, whether DEX or CEX.

Keeping of coin on exchange people can trust their coins with is what's important cause being CEX does not guarantee coin safety.

[Viscore]

DEX has come first but people never satisfied their performance and looking for better.
CEX is the answer of our call, not that perfect but enough to prove that they are much better than using the old DEX one. Should we need to used DEX while we have CEX already that can give us a good trading experience? It doesn't matter if that is control, traders what to have fair play and we can't see it from DEX as most of their volume is manipulated or somewhat say its fake.

https://hackernoon.com/cex-vs-dex-which-crypto-exchange-model-is-best-1dfcf80f4221

Hope to read and understand the difference. And it is up to you where it favors to your side.

[Yamifoud]

DEX has come first but people never satisfied their performance and looking for better.
CEX is the answer of our call, not that perfect but enough to prove that they are much better than using the old DEX one. Should we need to used DEX while we have CEX already that can give us a good trading experience? It doesn't matter if that is control, traders what to have fair play and we can't see it from DEX as most of their volume is manipulated or somewhat say its fake.

https://hackernoon.com/cex-vs-dex-which-crypto-exchange-model-is-best-1dfcf80f4221

Hope to read and understand the difference. And it is up to you where it favors to your side.

No wonder why it is obvious that traders now are preferred for Centralize exchanges for some issues. Though it is stated that CEX exchanges are prone to hacking but it is very manageable and it never gives a reason for them to give up and get back to DEXes.

yeah, I was using DEX before and it is noticed that the market volume is really far from the CEX a reason for me to stay there.
We are moving forward to the continuous market development and much exciting to how CEX could improve their services and having a strong security platform that it helps to save from any hacking incidents.

[Dorodha]

TRX's transaction fees are very cheap and its demand is high but decentralized exchange sites are much better. Although there are high fees in these there are many benefits in terms of transactions. Whether or not Dex will be able to maintain the dominance of Cex's in the near future decentralized exchanges are becoming more popular and most traders are leaning towards it. Everyone is able to exchange independently and easily and conveniently here will be more improvements in the future.

[BitTraderCute]

I stopped trading on uniswap because $ 20-30 commissions make purchases less than $ 500 illiquid. Because you have to spend 40-60 dollars to buy and sell.
TRON is actively beginning to develop its defi ecosystem.
I'm staking TRON in this project
https://medium.com/@TronFoundation/an-open-letter-to-the-community-about-sun-genesis-mining-fa8a743eca1f
https://sun.io/#/home

unsiwap fee really  make us stress if we trade or sent token less than 100dollar. ethereum gas fee at this moment increasing alot ,i dont know is it caused by uniswap transaction which bleeding now.

JustSwap has not really attracted investors in the past few weeks because there is not much use of the TRON platform so I will definitely be very difficult for the project.
Uniswap is now dominating DeFi projects and the downside of this exchange is that gas fees are too high and many transactions canceled make it easy for us to lose money. Hopefully SUN will have a way to make the TRON platform more noticeable because TRX's transaction fees are very cheap and can freely trade.

dont be wrong, justswap transaction volume growth alot since its launch based  coingecko data. and it will more popular dex exchanges with low transcation fee maybe beat uniswap later.

[tbterryboy]

I guess DEX is missing something, just don't know what. I mean surely there is something that someone else sees but I just do not see it. There is some more attention to it nowadays, it wasn't as big as this when the topic started so I can say that there are some new attention going that way, but it is really not that big of a deal, it is not really getting even remotely around the CEX levels.

There must be this feeling of "if someone owns it, I know who I gotta talk to when things go south" type of feeling that allows people to actually be a bit more ready and gives them comfort, otherwise I really don't know what I could even consider right now that could be the big missing thing but that is the thing that came to my mind. I am really not sure what is the main reason but CEX is just much better.

[CryptopreneurBrainboss]

Obvious sooner or later this will be the case but where there's a major concern is the user interface, how easily are this decentralized exchange to be used by newbies compared to the centralized ones. There's still a big disadvantage as not all coins can be traded on the decentralized exchange. Anyone interested to trade has to be doing that on the specific blockchain which means each blockchain has to own their own exchanges which is just a lot of stress especially for frequent traders.

There's still a lot of work to be done the fees are high, most platform aren't user friendly etc. Just having volume isn't all that matters,