3 Decentralized Exchanges to Consider Using This 2019

By Blockchain SEO on ALTCOIN MAGAZINE

With the rise of cryptocurrency exchange hacks and failures over the last few years, the blockchain community has sought out and demanded a safe haven for transacting online. Cue decentralized exchanges (DEXs), an answer to the all-too-present security and reliability flaws associated with traditional cryptocurrency exchanges.

With the rise of cryptocurrency exchange hacks and failures over the last few years, the blockchain community has sought out and demanded a safe haven for transacting online. Cue decentralized exchanges (DEXs), an answer to the all-too-present security and reliability flaws associated with traditional cryptocurrency exchanges.

And, with 2019 already starting off on a rough note, thanks to the estimated $16 million Ethereum and ERC20 token hack of New Zealand-based cryptocurrency trading exchange ‘Cryptopia’, it might be time to actually start migrating over and diversifying your exchange use and trading.

For those unfamiliar with decentralized exchanges, let’s go through a quick explanation.