First half of 2020 sees DEX volume up by 400% from 2019
While DeFi is gaining much of the attention there is growth is other part of the cryptosphere as well. Yesterday I shared a post on the DApp review with Hive doing well in just few months of it's birth.
DEX is probably an aspect being overlooked within the crypto community, since most of us uses centralized exchanges. Though from user experience point of view I find centralized exchange easier to use compare to DEX over a year ago, I can't say how easy to use it has become of late.
The trading volume of decentralized exchanges (DEX) has gone past the $5 billion milestone in the first six months of 2020, which is a significant increase from the 2019 performance. Source
A 400% growth in volume is quite a significant growth, the more we begin to use DEX the better and we gradually exit centralized platforms. The more the decentralized the better. I mostly use Bittrex, it will be good to start trying out DEX as we evolve with the developments daily.
Please if you are a DEX user it will be great to recommend so I can check it out.
I will like to think the more DEX the less price manipulation and you know how it goes
in crypto your keys is your keys and out of Big Brother's reach.
I just prefer it decentralized!
We owe it to ourselves to make Hive great
