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Why existing decentralized exchanges are worse than DAEX? by kolibr

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· @kolibr ·
Why existing decentralized exchanges are worse than DAEX?
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<p><img src="https://s8.postimg.cc/mnh8bnxud/Clip2net_180909151307.png" width="726" height="273"/></p>
<p><strong>What do they offer?&nbsp;</strong></p>
<p>How many cryptocurrency exchanges have you come across? Can you say what is the difference between all of them? What difference can you feel as the regular user? When you login to the exchange, you need fast and secure transactions. In addition, liquidity is also crucial for every trader. Centralized exchanges has own liquidity pool, they own reserves that could be used any time. In the same time, owners of such exchanges, set the change rates on their own and commissions are slightly higher than in decentralized exchanges. Decentralized exchanges have no reserve, so you always need to wait for the person that have matching order. When you need to trade fast, it is not an option at all.&nbsp;</p>
<p>Thus, as the trader, you will pick fast centralized option and face a lot of challenges. First one is high fees. Exchange has only one goal: no, not providing you with the best possible rates, but earning money on you. In such terms, they do their best to attract and hold users, because users are their profit. As our experience shows, people prefer comfortable terms to cheaper terms. Second is lack of trust. It means that you have no control over your transactions, since you have deposited money to the exchange, they can do whatever they want. Even if they have exchanged money with the rate, which differs from the one you picked, possibility to prove a thing is extremely low, because all the data and your history of transactions is controlled by exchange. Just use the search engines, there are a lot of fraud cases, when trader could not prove a thing.&nbsp;</p>
<p>Decentralized exchanges, in their current condition, are not able to compete. Even largest of them have serious issues with liquidity, which makes trading most of the cryptos almost impossible.&nbsp;</p>
<p><strong>What does DAEX offer?&nbsp;</strong></p>
<p>DAEX is not going to be an ordinary exchange. DAEX team is going to build entire ecosystem, which will combine the best features from both decentralized and centralized solutions. For example, trading history of every DAEX client will be stored in blockchain. It means that not chance of changing it without your permission. DAEX ecosystems have zero tolerance to the platforms, which lie to their clients. It means that every platform within DAEX is trusted.&nbsp;</p>
<p>However, usage of distributed ledger technology does not mean full-fledged decentralization. In the same time, it allows DAEX users to connect to pick the best change rated and do not meet any liquidity issues, because amount of exchanges, connected to the ecosystems will keep growing. By the way, ICO is now running, so you may wonder, where can you, ordinary trader, use DAEX tokens? There are several different options, but the main purpose is fees. You do not need to worry, because implementation of automation and absence of any intermediaries during the deals allows to make fees as low as it possible, without damaging the quality of services. So what are you waiting for? Buy DAEX tokens and get a change to become one of the first users of complete new exchanging ecosystem!&nbsp;</p>
<p>DAEX WEB | https://www.daex.io/</p>
<p>DAEX ANN | https://bitcointalk.org/index.php?topic=2910479.0</p>
<p>DAEX TELEGRAM | https://t.me/DAEXOfficial_en</p>
<p>DAEX PAPER | https://www.daex.io/daexPaper.do</p>
<p>Author | https://bitcointalk.org/index.php?action=profile;u=1380108</p>
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