The concerns around centralized cryptocurrency exchanges being hacked, corrupt, or operating illegally has spread fear amongst traders for years. From Mt. Gox (the largest crypto exchange in 2013) closing its doors and leaving its users without ~850,000 BTC to the 1Broker exchange recently seized by the FBI, you can assume the worst when it comes to leaving your coins in these companies hands.
Today, we’ll discuss the recently introduced #ProofOfKeys movement that could reveal the scammers among centralized exchanges and why you should consider a decentralized exchange (DEX) in 2019. We crafted a list of the most advantageous DEXs that you can use, as a trader or just simple crypto owner.