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Ajlovez7

We need Decentralized Exchanges ?

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I think people like the centralized exchange than the decentralized exchange. these exchange are much secured and 24 hour customer support.

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We all are in crypto and we need big Decentralized exchange where we do not need confirmation for third person for withdrawing our own funds .And the Control of our funds remain in our Hands not Any Team.

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The first-rate news is that decentralized markets cannot be identical good-looking for criminal and scamming activity. a quantity of of the principal decentralized markets solve not avail yourself of anonymization methods to rawhide the IP addresses of their users, which process that any bustle on the association can be by far forbidden by bylaw enforcement.

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Most banks and organisations has their own unique security which centralized which help them track and secure their customers over time. It would also take time to implement it as most countries doesn't participate and don't care nothing about it. 

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21 hours ago, badgun said:

We need decentralised exchange it has not been hacked for once and we protect our wallet and private key

Yes that is true no decentralised exchange had been hacked and if hacked users funds are safe

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Yes i agree with you that in 2019 there are different crypto exchange face the problem of hacking and lost the million coins with the hand of Hacker....There is security problem and crypto user affected with this act. We need the Decentralized crypto Exchange.

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The number of centralized exchange sites is increasing day by day. That is why our decentralization is really important in the future, otherwise, we will have many stop losses in business. We need to stay away from centralized exchange sites to protect hackers from one and a half.

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of course we need more decentralized exchanges but there are a lot limitations like you can trade only tokens that run in that blockchain (for example you can trade ETH with his tokens, but you can't trade BTC to ETH because are 2 different blockchain).

the volume is also very low so it's very hard for dex exchanges to compete with centralized exchanges

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On 11/8/2019 at 9:54 PM, Ajlovez7 said:

With increaseing craze of cryptocurreny Marketcap is also increaseing day by day. Many Exchanges have started creating monopoly in crypto market,like Binance,huobi, Bithumb etc. Also many Exchanges gets threats of hacking attempts by hackers. So Complete decentralization of Exchanges is really important in future.the users will be owner of there own  Wallet and will hold private key. Maybe this could benefit the users of cryptocurreny & community.

Maybe you are right. But decentralization really can be protect us this type of scammers. Because scammers always invent new new things for scamming. What do you think about this?❤️

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Some exchange available like etherdelta, froldelta and binance dex but these are tokens exchange.

crypto bridge have shut down.

but exchange wil coming i think

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devolution is actual vital for the safety of discussion users and own wallets, for the reason that from day to day hackers know how to increasingly access the confidence of our wallets, then we requisite be in actual fact heedful and careful.

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Decentralized exchanges are essentially true P2P exchanges, and trades are executed directly to another person, without going through the exchange's management. This provides greater privacy, but often is priced higher than regular trades. If privacy is your main concern, then DEXs are for you. If not, then centralized exchanges won't do you much hassle.

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On 11/8/2019 at 10:31 PM, setifien said:

Even though these exchanges are strong candidates to substitute centralised ones but they suffer from several issues like : the user can't set up stop loss, complicated interface, inexperienced service providers...etc

Good exchanges are always secure and good strong system and their team is active not like other exchanges that they are not giving ny answer to the clients. Yobit is the best and secure exchange than the other exchanges.

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cryptocurrency has the advantage of decentralization, this is what makes it special, but even so, there are still many cryptocurrency users who prefer centralized exchanges rather than decentralized exchanges. We can see a lot of centralized exchanges rather than decentralized, this shows that interest in users of exchanges still tends to choose centralization,
When in 2019, there were many exchanges that received hacker attacks, so that began many emerging decentralized exchanges, such as the DEX binance,
I'm not saying we need it or not, in general we certainly need DEX, because it's safe and we still have full control over our assets, but all returned to the user, because everyone has their own comfort when using DEX or CEX.

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That's true decentralized system now is a good way to overcome the slow transaction, and it is good for our security to keep our crypto safe. 

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On 11/8/2019 at 4:54 PM, Ajlovez7 said:

With increaseing craze of cryptocurreny Marketcap is also increaseing day by day. Many Exchanges have started creating monopoly in crypto market,like Binance,huobi, Bithumb etc. Also many Exchanges gets threats of hacking attempts by hackers. So Complete decentralization of Exchanges is really important in future.the users will be owner of there own  Wallet and will hold private key. Maybe this could benefit the users of cryptocurreny & community.

Yes indeed sir, this was great Development  the Exchange is more important in the crypto market as well as future growth. 

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On 11/8/2019 at 11:54 PM, Ajlovez7 said:

With increaseing craze of cryptocurreny Marketcap is also increaseing day by day. Many Exchanges have started creating monopoly in crypto market,like Binance,huobi, Bithumb etc. Also many Exchanges gets threats of hacking attempts by hackers. So Complete decentralization of Exchanges is really important in future.the users will be owner of there own  Wallet and will hold private key. Maybe this could benefit the users of cryptocurreny & community.

Personally, I need to use decentralized exchanges because I prefer it than those centralized one. The reason is the anonymity, I just do not want myself to give my personal information on different people that I do not really know much. 

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5 hours ago, TasinHasan said:

Some exchange available like etherdelta, froldelta and binance dex but these are tokens exchange.

crypto bridge have shut down.

but exchange wil coming i think

Those are some of the decentralised exchange. They are so secure but lacks some volume for trading

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11 hours ago, TasinHasan said:

Some exchange available like etherdelta, froldelta and binance dex but these are tokens exchange.

crypto bridge have shut down.

but exchange wil coming i think

they are decentralized exchange. i like the decentralized exchange very much as they are much secured and the transaction is done very securely.

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Yeah,we need decentralized exchange ,A decentralized exchange is an exchange  market that does not rely on a third -party services to hold the customer funds.This system contrast with the centralized model in which users deposit their funds and the exchange issues on 'IOU' that can be freely traded on the platform.

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I don't thinks that's if we need the decentralized exchanges because if you look mostly of the best exchanges that's we use now are centralized exchanges such as binance

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There are a few of decentralized exchanges already out there. But it's not as popular as the centralized ones. In decentralized exchanges are more safe because of your could use your personal wallet in there. Because there is no need for a third party to hold your funds. So the risk is yours to bear.

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On 04.02.2020 at 12:46, Jemimah said:

absolutely yes. decentralizing  is one of the main point of crypto community. decentralized switch over thousand epoch safer than centralized.
 

Decentralized trade is exceptionally exceptionally vital, they need volume that's the as it were downside, their interface is complicated as well

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