Why is there no apparent demand for decentralized exchanges in a market of decentralized currencies?

Why is there no apparent demand for decentralized exchanges in a market of decentralized currencies?

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It's like if it's not broke why move? Centralized exchanges are comfy right now so a terrible event is needed to make everyone move. Sort of the same with social media and crypto Twitter. Why dont they use decentralized platforms? No reason to yet. But if the usa made Twitter delete all crypto profiles then we would migrate somewhere censorship resistant.

cause crypto in it's entirety is a crockpot of shit in the real world.

When GOX payees get their bitcoin, think they will support centralized exchanges? Think they will support blockstream?
Get in front of change, stop looking around for it.

Here's a little secret user, just for you: reliable decentralised fiat onramps are a technological impossibility. I'm not going to tell you exactly why, but the information is out there. Andreas talks about it.
So until fiat is not important decentralised exchanges are worthless.

nobody wants to put their money floating in a cloud, they want an actual company run by professional people that can trust

Decentralized exchanges can't do fiat. Governments will always intervene and keep it this way.

Spotted the idiot who doesn't understand what a DEX is

IDEX is one of the main dapps on ETH as well as few DEXs are for EOS. Binance is investing in its own DEX. They are the future against fully regulated and centralised exchanges with KYC and tax monitoring.

why don't you explain us what it is then dumbass?

but there's no fiat gateway on Binance or Bittrex and both are successful exchanges

>centralized pieces of shit founded in literal tax havens and sketchy shit 24/7
>comfy

spotted the shill. the real reason is brainlets dont know how to take care of their own fund. they all yell "MUH DESCENTRALIZATION" but as the second they are 100% responsible for their own funds they shit their pants and send funds to the wrong address. the problem is that 90% of this market is composed of brainlets that need someone to hold their hand throughout the whole process

A full authentic DEX, something that does not yet exist (EOSFINEX maybe being the first next year) is basically a smart contract running on a blockchain with no possibility to external manipulation (in theory). People list tokens and add funds, do trade, and withdraw. No chances of hacking a single point of failure, no need for human intervention or real world identification. The only problems are slower speed and bugs (and fiat gateway of course).

Because actually using crypto is a fucking nightmare. I dread having to do real transactions, the user experience is total shit.

>no fiat gateway
so what exactly is the purpose of an exchange without fiat you moron? you might as well just register with fake name on binance or craptopia and then withdraw everything you buy to your wallet immediately if you are so scared of ebil humans

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You've obviously never tried newdex. Literally feels like using binance except everything is happening on the blockchain. The problem though is that it only has EOS pairs. Doing chain to chain transactions is a bit more difficult.

Check out nimiq if you are looking for incredible UI/UX

EXD is coming.

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that's the most retarded logo I've ever seen in crypto

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Because nobody cares about decentralization. They just want to get rich. Decemberfags would have bought into a SQL database if they tought they would get rich

I see a strong and large cock to fuck all centralized competition with
it's gonna be all about the end product, not retarded scribbles

Usability.

Right now Crypto is being designed by nerds for nerds and they aren't thinking that all this shit has to be retard-proof for normies to adopt.

Right now the thought of installing wallets and jumping through hoops to cash out is incredibly unappealing for most people.

Why wouldn't people not just use decentralized exchanges to swing trade under the (((radar)))? Is this not an immensely valuable use case?

I used IDEX every day and there was 4k-6k ETH daily volume until the SEC came down on them.

need for speed

There are plenty of DEXes in use, however, none of them yet solve the FIAT to Crypto problem.

DEX are a meme until further notice. If people actually did care Blocknet and Komodo would get much more love than they do

IDEX said they would suck IRS cock and do KYC. Have seen the price of Aurora DAO lately. ?

Bunch of slackjawed faggots.

>decentralization x2

VERBOTTEN

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>muh decentralized currency
>literally can't even get in without going through centralized gatekeepers
lmao. what a joke

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Miners can front run dex orders.

>what is localbtc
retard