WCSE Market Insights 📊

‼️ Why These Days Big Exchanges are Running Like Crazy Dogs Behind Opening Up a Decentralized Exchange ‼️

As of Now Most Big Exchanges Holding Centralized Platform and All of Them Wants to Go into a Decentralized Platform

Here are the Pros. and Cons. of Centralized & Decentralized Platform

Centralized Exchange
Pros.:
1. Advanced features
2. Easy to Use ( not for all )
3. Advanced Tools
4. Liquidity

Cons.:
1. Exchange Control Funds
2. Personal Documents Require ( for some features )
3. Maybe Face with Downtime or Hacking Could Happen
4. Not Anonymous

De-Centralized Exchange
Pros.:
1. User Control Their Own Funds
2. Anonymous
3. No Hack for Central Server or No Downtime
4. No Trading Fees
5. No Personal Documents to Apply

Cons.:
1. Not Easy to Use ( not for beginner )
2. Basic Features
3. Only if Your Computer Gets Hacked, You are Done Say Bye Bye

That's The Reason Why Big Guys are Running Behind To Open Up De-Centralized Exchange

Here are Some Articles of Exchanges that are Going to Open Up Decentralized Exchange

#Binance Announcement Here ( http://bit.ly/2J9AJib )
#Coinbase Announcement Here ( http://bit.ly/2Jp6bfS )
#ALTCoin.io is Really Good Decentralized Exchange ( http://bit.ly/2ss7SQ5 )
#iDEX is Also One of the Good Decentralized Exchanges Out There
( http://bit.ly/2ssxoV4 )

But Keep in Mind These Decentralized Exchanges are all ERC20 Based Exchanges, Means You Can only Trade Via ETH Pair as of Now ✌️

426 views04:32

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6.76K viewsedited 12:30