Block chain is the rapid development of digital currency markets are in full swing to promote. With the fermentation of the market, the demand for more and more transactions, exchanges are flourishing. For digital currency market, the exchange integral, it provides a powerful asset liquidity to meet the people's daily trading needs.
Currently, there are more than ten thousand exchange market can be divided into centralized and decentralized Stock Exchange Stock Exchange, in addition to the wallet. Now available in most purses are supported directly in the wallet embedded DEX transaction. However, on the market for more than 90% of users trading volume is still concentrated in the main center of exchange, such as road safety coin, fire coin, OKEX, decentralized exchange is still a long distance.
From the comparison, the biggest difference between centralized and decentralized exchange Exchange primarily in fund custody and transaction flow.
First, the assets of the Exchange's hosting center, dealmaking, settlement and liquidation by the Exchange to complete, asset custody and clearing and settlement does not isolation, is prone to black-box operation. To the center of the main exchange traded matching, clearing and settlement and other assets on the chain link, the user is hosted assets controlled by the user by the intelligence contract, the exchange does not touch the user assets.
Secondly, decentralized exchange greatest value is that the user has absolute control over their assets, all transactions will be carried out on data recorded by the chain block chain intelligence contracts, thus ensuring the openness and transparency of transactions, greatly reducing users trust the cost of the exchange.
Again, it is difficult hackers to steal user assets, unless it can get each user's private key, the private key leak even if the exchange is not user's private key can not transfer user assets, and therefore very safe. The use of decentralized exchange, no longer have to worry about the risk of losing money, Pirates of the currency.
For this reason, with the maturity of the underlying technology of the block chain, decentralized exchange has great potential for development. Exchange stage to the center of the main problems or illiquid, and poor user experience, of course, these problems the past two years has been significantly improved.
From the user perspective, security and convenience of digital currency trading experience is the most valued, who did best on these two points, who have the opportunity to stand out. Currently the world number one to the center of the exchange is whale Exchange, we went to the actual use will find that the same as a decentralized exchange, whale Exchange has been far ahead of the industry, whether it is the user experience or transaction speed operation smoothness, etc., and can be comparable to mainstream Stock Exchange.
From the point of view of assets, whale Exchange has been achieved across the chain, not only can trade EOS system tokens, such as mainstream currency Bitcoin, Ethernet Square, USDT and so can be traded. So, he broke the restrictions to the center of the exchange, so that more users can come in assets, have more possibilities.
From the registration point of view, as long as you have a phone number is registered in the whale Exchange accounts for 30 seconds to complete the process of silky smooth, you would not think it turned out to be a decentralized exchange, is so Convenient.
Not only that, the whale Exchange also opened a law currency trading, one-click buy coins feature, users can purchase the currency you want directly through the legal tender, further reducing the barriers to entry users, facilitate the user to enter the encryption world.
We can see from here whale Exchange, decentralized exchange has made considerable progress and technological development, whale Exchange has had a full exchange form, to the center of the exchange has been the center of Exchange the strength to fight.
2019 was the first year referred to the center of the exchange, decentralized exchange of war between the centers of exchange, but also a new era alternating with old age. Transition from the old, the new era will overcome the old days, to the center of the exchange will gradually become the mainstream, the center of the exchange will gradually withdraw from the stage of history.