Decentralized Crypto Exchages vs Centralized Exchange Like Binance or Bittrex?

in #cryptocurrencies7 years ago

The biggest threat to cryptocurrencies in not volatility, but the living reality that 99% of cryptocurrency trade still happens on centralized exchanges. And sometimes I think how contradictory it is to use centralized exchanges like Binance or Bittrex against the ethos of decentralized cryptocurrencies. Kind of joke and shame that the whole purpose i.e. monetary
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No doubt that since the beginning centralized exchanges made cryptocurrencies like Bitcoin, Ethereum etc accessible to the masses around the world. And I am also acknowledging the fact that they did a very good job in providing the much need push and liquidity to crypto markets.

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this will change now...