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Why Use Centralized Exchanges for Crypto if Decentralized Options Are Safer?

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For larger amounts OTC remains the best option
and what website would you suggest here?

What if I just want to exchange from BTC -> DAI often or from LTC -> DAI often and back again ?

Maybe on a daily basis?
 
and what website would you suggest here?
I’m mainly using FRNT now, works good for me.
What if I just want to exchange from BTC -> DAI often or from LTC -> DAI often and back again ?

Maybe on a daily basis?
No idea about dai, haven’t touched it for a long time. Certainly not the best option for frequent trades.
 
What is the minimum amount you need to trade with them to become a customer?

Googling and researching a little:
FRNT primarily refers to FRNT Financial Inc., a Canadian-based financial services firm specializing in capital markets and advisory services for institutional investors in the cryptocurrency space.

It's not for personal trading.
 
What is the minimum amount you need to trade with them to become a customer?
$250k US
Googling and researching a little:
FRNT primarily refers to FRNT Financial Inc., a Canadian-based financial services firm specializing in capital markets and advisory services for institutional investors in the cryptocurrency space.

It's not for personal trading.
You can use a simple single member llc, I don’t know about personal accounts.
 
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I can see there’s really no way around using services like Kraken and Binance if you want to invest larger amounts (100K+) in crypto and have access to features like “stop loss” and automated sell functions. Meanwhile, these decentralized providers can’t handle such large amounts.

It’s frustrating when we’re trying to promote crypto as the champion of a free world economy, only to end up tied down by heavy documentation and other formalities on these highly regulated exchanges.
100k is chump change on exchange or on chain - sorry but that’s the reality

As for stop loss etc there’s protocols out there with exchanges on chain that have these facilities
 
I can see there’s really no way around using services like Kraken and Binance if you want to invest larger amounts (100K+) in crypto and have access to features like “stop loss” and automated sell functions. Meanwhile, these decentralized providers can’t handle such large amounts.

It’s frustrating when we’re trying to promote crypto as the champion of a free world economy, only to end up tied down by heavy documentation and other formalities on these highly regulated exchanges.
the key to "free world economy" is in p2p and you should not use crypto as some form of modern bank.
 
ive seen 55BTC (5mill) trades on Thorchain (the backend of most BTC-ETH DEXes) in a single swap...

DEXes are getting much better. Thorchain is also working on limit orders... Pretty soon u will be able to set limit orders to buy and sell.

Ledger actually just integrated with thorchain for swaps on the backed as well.

Thorchain is a game changer
 
2of3 of those are in the process of being decentralized. And u can cash out p2p via localcoinswap or binance p2p
kraken or binance, same same when it comes to KYC!
DEXes are getting much better. Thorchain is also working on limit orders... Pretty soon u will be able to set limit orders to buy and sell.
that's really cool, but the problem is the long waiting time for an exchange, the last time I put 100K through and I was almost getting a hard attack because it took that long and I thought I had lost them!
 
Yeah, u have to understand how it works. Streaming swaps, vwap to get the best price execution. Large swaps take about an hour. Most times, i start a swap and let it be and check back in an hour.

99.99% of the time there are no issues.

Again, this will only get better and more refined.

Today, its not at the Binance UI experience level. Within a year i have no doubt it will be.

With the merge between RUNE and KUJI, thorchain is seperating the base layer from the app layer.

KUJI will be the thorchain app layer and will have PERPS, Limit order, futures, etc, utilizing the base liquidity within thorchain.
 
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Plenty of large swaps happening on thorchain..... Biggest ive seen thus far was 55BTC in one swap.

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How big is the risk to get tainted coins on the DEXs? In that case, it can be hard to ever get back to a CEX if one want to exchange for fiat later to invest in stocks, for example
 
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