<p>There are decentralized exchanges that will launch soon such as Bisq or Coinffeine.</p>

CC BY-SA 3.0
2017-09-15T11:03:00.803Z
There are already live decentralized exchanges, https://etherdelta.com for Ethereum tokens being probably the most used currently
l1b3rty
CC BY-SA 3.0
2017-09-10T08:49:49.317Z
2017-09-10T08:49:49.317Z
MCCCS
<p>Decentralized mining might be the answer. At least that's the original vision for how to distribute crypto. Users buy hardware to mine crypto instead of buying crypto directly via an exchange. Exchanges create a central point of failure but that's a direct result of centralized supply. If you can decentralize mining then you remove centralized points of failure. Also it's very hard to ban computing hardware.</p>

CC BY-SA 3.0
2017-09-15T04:23:17.220Z
2017-09-15T04:23:17.220Z
Justin O'Brien
<p>LocalBitcoin is an attempt but it relies on a central server. Bisq removes that central point of failure, it is a fully decentralized exchange featuring escrow service and a Bitcoin wallet </p>

CC BY-SA 3.0
2017-09-15T08:45:26.460Z
2017-09-15T08:45:26.460Z
Gianluca Ghettini
<p>In my understanding the primary purpose of a cryptocurrency exchange is to let users trade traditional currency for some kind of crypto-coin. Most exchanges also allow provide storage and crypto-to-crypto trade.</p>

<p>But exchanges add centralization, they have questionable security and they can manipulate cryptocurrency prices at their will. </p>

<p>Can there be an alternative market structure for cryptocurrency that liberates us from evil exchanges?  </p>

CC BY-SA 3.0
2017-09-19T14:15:57.537Z
As answers note, there are already multiple projects that provide software to that end, so this question appears to come down to requestig an assessment whether such a push will be successful. I don't think that this sort of prediction of the future can be answered factually today.
Murch
<blockchain><exchanges>
Can cryptocurrencies be liberated from the menace of exchanges?
farhanhubble
# Can cryptocurrencies be liberated from the menace of exchanges?

(Asked by: username_0 on 2017-09-09)

In my understanding the primary purpose of a cryptocurrency exchange is to let users trade traditional currency for some kind of crypto-coin. Most exchanges also allow provide storage and crypto-to-crypto trade.

But exchanges add centralization, they have questionable security and they can manipulate cryptocurrency prices at their will.

Can there be an alternative market structure for cryptocurrency that liberates us from evil exchanges?

**Tags:** blockchain, exchanges

> **Comments:**
> **username_1**: As answers note, there are already multiple projects that provide software to that end, so this question appears to come down to requestig an assessment whether such a push will be successful. I don't think that this sort of prediction of the future can be answered factually today.  

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## 3 answers

### Answer by username_2 on 2017-09-10. Score: 1 | Accepted answer

There are decentralized exchanges that will launch soon such as Bisq or Coinffeine.

> **Comments:**
> **username_3**: There are already live decentralized exchanges, https://etherdelta.com for Ethereum tokens being probably the most used currently  

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### Answer by username_4 on 2017-09-15. Score: 0

Decentralized mining might be the answer. At least that's the original vision for how to distribute crypto. Users buy hardware to mine crypto instead of buying crypto directly via an exchange. Exchanges create a central point of failure but that's a direct result of centralized supply. If you can decentralize mining then you remove centralized points of failure. Also it's very hard to ban computing hardware.


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### Answer by username_5 on 2017-09-15. Score: 0

LocalBitcoin is an attempt but it relies on a central server. Bisq removes that central point of failure, it is a fully decentralized exchange featuring escrow service and a Bitcoin wallet


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