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RE: Why we need Decentralised Exchanges

in #bitcoin • 8 years ago

Thanks!

I was always wondering how a decentralized exchange can perform wire transfers for fiat currencies.

I think that is a problem and requires centralisation in the form of gateways who you deposit fiat money with, or rely on to exchange tokens back into fiat.

This is an issue that I don't think has been solved yet in a decentralised trustless manner (but I may be wrong so if someone has an answer please let us know).

8 years ago in #bitcoin by
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     8 years ago 

    I saw fiat gateways on openledger, but never use one. I don't know if thy're working or not.

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     8 years ago 

    I suspect they must work if people are using it.

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