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RE: Screw BitFinex! - You, Crypto Enthusiast, Never Use a Centralized Exchange Again! Use a SAFE dEx Like BitShares or WAVES!

in #steemit8 years ago

Lol nice name @glitterfart

I have no preference really - I just think Waves will make a big splash due to it's coming fiat gateways and plug-in based API. Bit shares is super cool though and that's why I made sure to shout it out in this post.

I think we need more projects to do similar things. Like, to help protect depositors, maybe make sure they keep control of their coins while on exchange. For that reason, I'm a fan of waves.

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Technically, you can have as many fiat gateways in BitShares Decentralized Exchange as you want. Another problem is to find a company that is able to coordinate engineers, accountants and lawyers to start a real-world business in a particular country.

When you trade in the DEX (BitShares Decentralised Exchange) you are in control of your funds.
I mean that you own the wallet where the different token traded are stored at any time. Nobody could hack the DEX and steal your funds, the only way is to hack your personal computer and get the private key AND your password.

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