Decentralized exchange legal currency

1. Don't trade on any illegal platform. On the one hand, the risk is great. On the other hand, the running of the platform will make you lose all your money.

2. When it comes to digital currency, the topic is the exchange. If you want to hold digital currency, besides mining, the most convenient and quick way is to buy it from the exchange
we all know that one of the biggest characteristics of digital currency is decentralization. However, 90% of the exchanges in the market are under centralized management. Users need to transfer funds to the large account of the exchange, verify their identity information, and do not link currency transactions. Moreover, all information needs to be stored in the offline database of the exchange, All these seem to violate the decentralized spirit and centralized mode of blockchain, which makes users in a weak position, passively accept the "management" of the exchange, and also bear the risk of privacy leakage, hacker attack, exchange bankruptcy or running away
therefore, the emergence of decentralized exchanges has become an inevitable trend. Decentralized exchanges are also called DEX
currently, whaleex, newdex and gatechain DEX are the most representative decentralized transactions. In fact, it is a mode of wallet and wallet trading. Compared with the centralized exchange, it has obvious advantages. For example, all operations are carried out on the chain. It is publicly accessible and does not need to be registered. Anonymous trading and privacy are guaranteed. Users' assets are stored in a distributed way. They have 100% of the management rights of assets and have high security
however, although decentralized exchanges have obvious advantages, they are still not widely available in the market. Decentralized exchange is not a very mature mode, and there are still some problems, such as slow trading speed, poor liquidity, key loss, forgotten password and unable to retrieve account assets. Therefore, it needs to be further improved. However, it is undeniable that decentralized trading must be the mainstream mode of exchanges in the future.

3. The core difference between centralization and decentralization is whether the private key is in the hands of the user. The decentralized platform can protect the user, such as celletf (celletf. IO), which solves the security problem of the user's assets, but the operation is relatively simple.

4. First of all, the decentralized exchange mainly carries out transaction matching, asset clearing and settlement on the chain. User assets are managed by smart contracts and controlled by users. The exchange does not touch user assets
secondly, the biggest value of the decentralized exchange is that users have absolute control over their own assets, and all transaction data and records will be linked through the blockchain smart contract, so as to ensure the openness and transparency of transactions and greatly rece the trust cost of users to the exchange
thirdly, it is very difficult for hackers to steal user assets unless they can get each user's private key. Even if the exchange's private key is leaked, the user's assets cannot be transferred without the user's private key, so it is very safe. With decentralized exchanges, you no longer have to worry about the risk of losing or stealing money
for this reason, with the graal maturity of the underlying technology of blockchain, decentralized exchange has great development potential, which is the trend in the future.

5. " It's a long winter. According to the current market situation, there is a high probability that it will fall in 2019. It's almost impossible to break out. However, the instry will continue to move forward, and the decentralized exchange will continue to move forward. This is the trend of the future

one of the core advantages of decentralized trading is to avoid any assets being entrusted. You have absolute ownership and control over your own assets. The possibility of asset theft is extremely low, which greatly reces the trust cost of users on the exchange

from another point of view, with the implementation of blockchain applications, we have more and more digital assets at the same time, and we need to pay different tokens when using services. In this case, cross currency trading will become more and more frequent, and the process of realizing this transaction needs to rely on the mechanism of decentralized exchange

therefore, the decentralized exchange will have a bright future. Among all the decentralized exchanges, whaleex is my favorite. It not only has fast trading speed, but also does a very good job in security performance. Among all the exchanges at present, I think it is the best one. I don't have to worry about stealing or losing money when I put money in it. Their smart contracts are through security audit, and they will also support cross chain and legal currency OTC. If they grow up in this bear market, they will be a giant. I am very optimistic about its prospects& quot;

6. Decentralization is a form of social relations and content proction formed in the development of the Internet. It is a new type of network content proction process relative to "centralization"
compared with the early Internet (WEB 1.0) era, Web 2.0 content is no longer proced by professional websites or specific groups, but the result of participation and creation by all Internet users with equal rights. Anyone can express their views on the Internet or create original content to proce information together
with the diversification of network service forms, the decentralized network model becomes more and more clear and possible. After the rise of Web 2.0, the services provided by Wikipedia, Flickr, blogger and other network service providers are decentralized. Any participant can submit content, and Internet users can co create or contribute content
with the emergence of more simple and easy-to-use decentralized network services, the characteristics of Web2.0 become more and more obvious. For example, the birth of services more suitable for ordinary Internet users, such as twitter and Facebook, makes it easier and more diversified to proce or contribute content to the Internet, thus enhancing the enthusiasm of Internet users to participate in the contribution and recing the threshold of procing content. Eventually, every netizen becomes a tiny and independent information provider, making the Internet more flat and content proction more diversified
decentralized computing is a computing mode that allocates hardware and software resources to each workstation or office. In contrast, centralized computing is to centralize most computing functions locally or remotely. Decentralized computing is a modern computing model. On the contrary, centralized computing generally existed in the early computing environment. A decentralized computer system has many advantages over the traditional centralized network. With the rapid development of desktop computers, their potential performance far exceeds the performance requirements of most business applications. As a result, most desktop computers have idle computing power. A decentralized computing system can maximize the efficiency of these potential. However, whether it increases the effectiveness of the whole network is still open to question.

7. I think it's similar. I've seen i-swap recently. I'm going to get to know it.

8. Whaleex: it's a decentralized exchange based on EOS. I usually choose it when I trade. The trading depth is good, and the transaction can be completed soon after I register. The best place is the high security. The smart contract passes the security audit and can be used safely
x protocol: a point-to-point open protocol running on Ethereum. The protocol aims to become a general open standard, as a basic mole that can be combined with other protocols to drive more and more complex blockchain applications. However, Ethereum is famous for its congestion, so its current situation is not very good
loopring
Road printing protocol: decentralized transaction protocol of class X. The on chain smart contract is responsible for asset custody, matching and transaction, and the off chain smart contract is responsible for order matching. It has an on chain trading loop matching technology, which encourages the exchange to match the transaction path with the maximum discount, so as to save transaction costs for users and make the exchange profitable at the same time. But on the other hand, it also increases the complexity of smart contract and the execution cost of Ethereum transaction, and the effect in practical application remains to be seen
there are also kyber, idex, bitstocks, etc. decentralized exchanges are the trend in the future, so there are still quite a few in the market. But comparatively speaking, I still think whaleex is the most reliable.

9. You can sell your currency to others through currency trading, and then convert it into RMB
it can't be converted directly. There is a certain guarantee for RMB exchange in currency transaction! In case of being cheated.