In 2019, users around the world have already appreciated the advantages of decentralized trading platforms. Every year, new participants come to these platforms, who realized that this way of conducting financial affairs and transactions is one of the most profitable today.
Here are just a few of the main reasons that push people to crypto sites:
• Security from government intervention;
• Decentralized exchange of assets in a single international market;
• Fast and wide coverage of money transfers to any country in the world;
• Crypto active has good liquidity;
• Easy to configure access rights for the user;
• Guaranteed private money beyond the control of state-owned banks;
• Implementation of transactions of any volume;
• Transparency and openness of all payment data.
Why is a decentralized platform better than a centralized one
Of course, many users have repeatedly noted that centralized trading platform provides convenience while buying, selling or exchanging cryptocurrencies. But there are a number of shortcomings in these platforms.
Since users do not need to transfer their assets to a special centralized exchange to conduct financial transactions, a decentralized analogue reduces the risk of theft as a result of hacking the trading platform. Also, decentralized exchanges can prevent price manipulation or falsification of trade volumes.
The financial reality in the crypto-currency space is that trading platforms are used to store clients ' funds, which means that the need for change is absolutely objective in the near future. Unfortunately, it takes some time to understand what and how to change.
According to the world experts in the field of crypto trading, the transition to decentralized trading platforms is inevitable and should happen in the near future. This is not just about trade. A new decentralized payment system will link cryptocurrency blockchains. This new network will be a competitor to Swift and PayPal, and users around the world will certainly appreciate these benefits for themselves.
In order to completely overcome the barrier of centralization, many innovations need to be made. Many cryptocurrencies today are literally tied to the concept of subjective centralization. Even such a brand as Bitcoin has links to a centralized platform.
One of the reasons for this state of affairs is the fact that users place financial platform on computer servers under the control of the same companies. It has to be changed to get new, better opportunities for trading.