Posts

It's Official! The DEXs Have Taken Over

avatar of @asteroids
25
@asteroids
·
·
0 views
·
1 min read

As someone who has been trading and investing in crypto for several years now, I've been waiting for the day when DEXs would overtake the market.

Centralized exchanges have long ruled financial markets. Actually, they've ruled modern society for millenia.

Before there were formal exchanges, there were merchants and cavemen selling goods to each other on the street.

The markets determined the prices.

The merchants determined the location.

The people decided when and where and how they would buy/sell.

Since then, the age of middle-men and suit-infested offices have ruled the day. Centralized exchanges have arisen and take from everyone else in order to line their pockets.

With crypto, we retake one of the powers that have long been forgotten: control of our money.

No more KYC. No more excessive fees (ok, kind of) FREEEEDOM.

I'm excited to see DEXs like Uniswap finally getting the recognition and usage they deserve. It's a new day people, look alive and quit those CEXs for some decentralized love!

Posted Using LeoFinance