A fundamental question in the existence of a market. Crypto with its exchange rate, of course, must work with the condition that there are sellers and there are also buyers. If a position is taken directly between the buyer and the seller, of course it can be done, but does it guarantee security and honesty between the two parties? Of course, this is what will come out and is needed as the basis for the existence of a trusted forum as a third party between buyers and sellers.
Exchange as a third-party forum has indeed become an indispensable place for market language. Overshadow and accommodate the needs of sellers and buyers.
Currently, crypto already has quite a lot of exchange places that can be said to be big and trusted. But behind that, there is also a dirty game that stands and runs on needs that actually become needs. It is very unfortunate, but it has become a natural thing and can happen in the condition of every form of container that is said to accommodate, without exception, every business sector will exist.
Exchange services are indeed an important point in the existence of the back and forth of a sector in business that concerns the economic realm. So that this container is formed must be in accordance with the requirements, conditions and also applicable security.
DEX, or better known as decentralized exchange, is a decentralized container that accommodates crypto trading needs to avoid the fraudulent conditions of monopoly and market manipulation that usually occur in centralized containers. So that DEX was built to compete and balance the condition of the presence of CEX in the exchange needs that occur in the crypto world today.
Then another question arises as to which problem is better and more important between CEX and DEX?
The answer to this problem actually depends on the condition and behavior of the two standing. So that the current condition must be seen by a truly good and correct assessment. What is the level of security, ease and also the level of trust?
If you say security, of course all exchange places will say it is the safest place. So it all depends on the perpetrator and also the party responsible for it.
Another matter of convenience, even if you say which is easier between DEX and CEX, of course DEX offers many conveniences compared to CEX, where the need for anonymous language can apply to DEX because there is no need for KYC issues. Whereas CEX departs from the many burglaries that have occurred and as one of the basic anticipations of burglaries, KYC is a necessary requirement.
And the most important value is the level of trust. In this case, both DEX and CEX do have their respective levels of trust. DEX is more entrusted with a more secure existence than CEX. Meanwhile, CEX is more trusted on security and convenience issues.
Of these three things, if you draw conclusions and return to the subject raised in the title of the article, then keipto does need a place of exchange as a meeting place between buyers and sellers. Apart from that, it is also to get the analytical conditions for the existence of crypto for existing economic developments. It becomes a determining factor in assessing the level of crypto supports the guarantee that every project that is created can run or stop in the end.
Crypto is indeed built on the value of decentralization of freedom. However, at least, that freedom is not as easy as closing one's eyes to the form of decentralization that is taking place. Because, basically, the global world has gotten used to it and, indeed, there must be a guarantee that regulates and is also coordinated. So, this is where the role of centralization is still an important need beyond the conditions of crypto-travel to be able to stand alone on the word decentralization.
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