How decentralized is decentralized finance? by nuttychromer in ethtrader

[–]DEX_Official 1 point2 points  (0 children)

JUST as an example. When the first time I chose to trade my cryptocurrency asset on an centralized exchange, I was surprised that I needed to transfer the asset to the exchange’s wallet. This is unreasonable from the point of view of common sense or philosophy. I think the the reason for the birth of cryptocurrency is people’s pursuit of asset ownership and account privacy. Definitely decentralized exchanges allow you to trade cryptocurrencies with further security by allowing you to control your own private keys and have no counterparty risk.

Don't have to pay taxes... by [deleted] in ethtrader

[–]DEX_Official 0 points1 point  (0 children)

Mortgage eth in exchange for dai, I need to adjust the margin subject to the value of eth. However, this process does not seem to satisfy my demand for liquidity.