Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Altcoin1998$ on November 14, 2020, 02:04:40 AM

Title: Why decentralized exchange becoming more popular?
Post by: Altcoin1998$ on November 14, 2020, 02:04:40 AM
Before launching Defi projects, we can't trade on decentralized exchange. But now decentralized exchange becoming more popular why?

Comments.....
Title: Re: Why decentralized exchange becoming more popular?
Post by: Malam90 on November 15, 2020, 03:08:06 AM
Before launching Defi, we were able to trade in IDEX, Ether Delta, Fork Delta and Binance Dex. EtherDelta was the most popular DEX when i started my journey in crypto but now IDEX is the best and most popular DEX. Binance DEX is now becoming popular gradually. Now DeFi has changed the total idea of DEX.
Title: Re: Why decentralized exchange becoming more popular?
Post by: Coin63@ on November 15, 2020, 08:34:50 AM
Quote from: Malam90 on November 15, 2020, 03:08:06 AM
Before launching Defi, we were able to trade in IDEX, Ether Delta, Fork Delta and Binance Dex. EtherDelta was the most popular DEX when i started my journey in crypto but now IDEX is the best and most popular DEX. Binance DEX is now becoming popular gradually. Now DeFi has changed the total idea of DEX.
Not popular UNISWAP exchange are getting more and more popular exchange after some top most centralized exchanges ,, Binance, Okex, Houbi. Uniswap v2, and v3 is an liquidity pool exchange with no sell and buy orders.
Title: Re: Why decentralized exchange becoming more popular?
Post by: Nostoman on November 15, 2020, 09:57:45 AM
Quote from: Coin63@ on November 15, 2020, 08:34:50 AM
Quote from: Malam90 on November 15, 2020, 03:08:06 AM
Before launching Defi, we were able to trade in IDEX, Ether Delta, Fork Delta and Binance Dex. EtherDelta was the most popular DEX when i started my journey in crypto but now IDEX is the best and most popular DEX. Binance DEX is now becoming popular gradually. Now DeFi has changed the total idea of DEX.
Not popular UNISWAP exchange are getting more and more popular exchange after some top most centralized exchanges ,, Binance, Okex, Houbi. Uniswap v2, and v3 is an liquidity pool exchange with no sell and buy orders.
DeFi launch etherdelta, frokdelta dex were popular first. But after the launch of DeFi, their popularity has decreased a lot. Currently Uniswap dex is much more popular. DeFi has been able to gain more popularity since its launch. However, among the centralized exchanges, Binance, Okex, Houbi are the most popular. This is my personal opinion.