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RE: The US Government Clamps Down on Ability of Americans To Purchase Bitcoin

in #bitcoin7 years ago (edited)

Centralized exchanges are going the way of the dinosaurs. Recent problems with Coinbase, Bitfinex, Poloniex affecting withdrawals & trading.

No coincidence that the decentralized exchanges like Bitshares have seen a boom in recent weeks!

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Don´t really know the difference between centralized and not centralized exchanges. How is Bitshares different from Poloniex. Perhaps you can point me in the right direction where I can learn about this. Thanks.

Here's a great article on decentralized exchanges that appeared here on Steemit a while ago.

I don't think you can convert between fiat and cryptocurrencies on decentralized exchanges, though; only between pairs of cryptocurrencies. Exchanges that do fiat conversions are what the OP was focusing on.

great, tks, @nocturnal. I'll read it.

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