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Decentralized Exchanges are a matter of time. The best the current establishment can do is provide a superior UX for a DEX or on-off ramps to the traditional ma
by csomar 6y ago
Decentralized Exchanges are a matter of time. The best the current establishment can do is provide a superior UX for a DEX or on-off ramps to the traditional markets.
- withinboredom 6y agoI don’t think we will ever see this. The incentive to modify the code and make it do “evil” things is too high.
- zelly 6y agoWe do see it though. There's Uniswap and Bancor on ETH. The trading volumes are in the billions of United States dollars per day. There is also Bisq as a decentralized fiat onramp for BTC and XMR (and soon on-chain atomic swaps). Today it is possible to completely interact with the crypto ecosystem without centralized exchanges. If you're worried about the code changing, you can run e.g. ETH nodes yourself, download the DEX frontends, and run the DEX locally.
- intotheabyss 6y agoOr you can visit uniswap.eth if you have metamask installed since it resolves ENS domains.
- randomopining 6y agoExcept how do you go from crypto to USD on a decentralized exchange lol... You don't
- andxor 6y agohttps://bisq.network/ https://bisq.network/
- andxor 6y agoUniswap has more daily volume than Coinbase.