Decentralised exchanges will become the norm very very soon.
I think that because of the increased regulation governments are trying to put on centralised exchanges such as Bittrex and Poloniex. Bittrex constantly has the government on their backs, which is slowing down the adding of new currencies and assets to their exchange. If we begin using decentralised exchanges it will increase safety by a lot because of the decentralised nature, it will never be able to be shut down or seized by any group or person. This will limit hacks and will not allow the government to regulate the exchange at all. Decentralised exchanges will keep your assets safe because there is almost zero chance that the exchange will go down and take your assets down to oblivion, No one will own the private keys to your coins apart from you and fees will be a lot cheaper because of the lack of intermediary between the seller and the buyer. Another advantage of the decentralised exchange model is that it can be fully anonymous, allowing anyone from anywhere in the world to exchange with anyone. This will help the market grow as more people will have access to getting coins.
There have been several events in which a exchange has been Hacked. The largest of these events was the Mt Gox incident which was a large Japanese exchange that had 70% of bitcoin transfers and was the largest exchange in the world. Suddenly it was hacked and almost 450 millions dollars worth of bitcoin stolen.
Right now there is a project that promises a fully fledged, anonymous and decentralised exchange this project goes by the name of 0x. Right now the price of the coin is around 27 cents and I think that it is very undervalued for the technology and the idea behind the project. The market cap of the coin is only 126 million dollars so there is a lot of room for growth as I really believe that this is going to be a billion dollar project, because a decentralised exchange is needed and once released there will be a lot of users causing the price to sky rocket. It also has solid volume and a hard cap of 1 billion coins, which prevents inflation.
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In conclusion I believe that decentralised exchanges will change the crypto game because of all the regulation governments has other organisations are trying to put onto crypto. I think because of this tokens such as 0x will moon.
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