Decentralized exchanges?steemCreated with Sketch.

in bitcoin •  7 years ago 

I'm seeing a lot of decentralized exchanges popping up and was wondering who's using them and which are your favorite? I've heard that Stellar is a good one but I'm not sure it has a lot of advantage over centralized exchanges yet.

How does this work and and does it make since to use a decentralized exchange over a centralized exchange at this point?
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An advantage of a decentralised exchange is that it is way more secure and it can never be shut down or controlled by anyone, including the government. Nice post.

Thanks @mrmonopoly! Do you currently use a decentralized exchange? If so which one?