![shutterstock_729865309.jpg](https://steemitimages.com/DQmQoywkhxc3NfYaNgs343Pc5ioPDBY4L9ze5f7bRZDdWCU/shutterstock_729865309.jpg)

There is a growing need for decentralized exchanges in the world of cryptocurrency. Not only do these platforms remove intermediaries from the equation, but they are also less burdened by Know Your Customer and anti-money laundering laws.

Most cryptocurrency users just want to exchange value without problems. Whether or not ERC dEXCHANGE will be of great help in this regard remains to be determined. The platform sounds rather appealing on paper, though.

If there is one area of cryptocurrency in which one can’t have enough competition, it has to be the decentralized exchange sector.

More specifically, there are still very few businesses embracing the decentralized model when it comes to exchanging value. That is not entirely surprising, as centralized platforms tend to make a lot of money doing what they do.

However, they are also being scrutinized more now than ever before, regardless of their physical location.

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