recently i had to open a new bank account and it made me realize how inconvenient centralized banks really are compared to decentralized exchanges these centralized banks are way too nosy and would ask you too much information such as where you live or what your job/source of income is and there is not even any option in case you do not want to disclose it
it is odd that for how much people trust these banks they do not seem to trust their customers the same
so yes decentralized exchanges ftw it will always be the more superior platform compared to anything else
- I understand and feel what you mean mate on the point you are talking about here in the topic you made, that is what I experienced when I applied to open a bank account here in our country, so many questions were asked.
Then when I mentioned that I trade bitcoin and cryptocurrency they were very negative about it as in promise. It is still really different that decentralized is really us who have full control of the assets we will buy, the only risk we really have with decentralized ones is that if it is compromised,
we really have nothing to go after.