WHY DECENTRALIZED EXCHANGES NOT TRIUMPH?

Coinbase commissions are terrible; The cases of market manipulation by exchanges are known. The benefits of these continue to rise or lower the price of the crypto, so they do not care that the market goes up or down.

With all these ingredients on the table, why do Decentralized Exchanges not triumph?

As when the VHS was imposed on the BETA, although a technology is better, the one that was previously standardized triumphs. And the VHS knew how to standardize, appealing to the human vice of pornography.

What fails in the decentralized Exchanges? All. First, the low volume traded on those platforms. One can place a purchase or sale order and spend days until it is executed.

As the Pareto principle explains, inequality is the norm, and who else has a tendency to accumulate and who less to become impoverished. Thus, the low volume associated with the DEX scares the potential users of arriving at the platform, condemning them to irrelevance.

Only that? I'm afraid not. To top it all, usability is complex, making it difficult for less expert users to interact. Placing orders is not easy, its design is revealing surly ... and all that is because the best developers work for large Exchanges.

Do they solve the dependence on FIAT money? Only half. While it is true that decentralized exchanges are exempt from the Know Your Customer (KYC) policies, which endanger the user's privacy, it is also true that they do not solve the problem of entry into the ecosystem, as it must made from a transfer originating in the banking system.

In this way, the user's anonymity remains compromised.

So far, a few reasons why crypto-investors are still under the boot of centralized exchanges, yet not daring to take the step towards a P2P economy.