Hello cypherpunks, I am interested in your opinion of decentralized exchanges - DEXes. Do you think that it is good alternative of the centralized ones?
I checked some of them and I think that one of the biggest problems is the liquidity and user experience, but they also have a lot of advantages: Extremely secure Users have full control over their funds Everything you need is public/privatekey, metamask or hardware wallet It is not required any personal data No one can stop the smart contract - it is unstoppable, because is running on the blockchain The code is open source I have some friends which are building a DEX and they are focused on the security, transparency and UI. You could check their platform here: https://weidex.market/exchange I would be always happy to discuss anything regarding blockchain and DEXes. Keep you privacy and digital identity save!
