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Topic: Centralized and Decentralized exchanges? Which one do you prefer? - page 3. (Read 936 times)

hero member
Activity: 1470
Merit: 655
I prefer the centralized exchange because security is guaranteed. mostly if we trade in the decentralized exchange we must enter our Private Key to import our wallets and assets. while our centralized exchange only needs to register and enter our e-mail without having to enter our Private Key.
from the point of view of security, decentralized, on the contrary, is much safer, because assets do not go to the stock exchange, but there is constant torment to trade there, gas must be paid again for canceling the order, but it is not canceled for those minimum rates, you can trade them once warrant and check once a week
Still decentralized exchange have lot of problem to gain attention from the regular traders just simply because of its not friendly platform but centralized exchanges offers lot of features which can make the traders better and more profitable if they know how to use it.

that is why the growth of decentralized exchanges is this slow. everyone assumes they are pretty bad while they only have some disadvantages and as a result nobody switches over to using them. if they do, half of the issues would be solved (issues such as lack of liquidity! and even bugs will be found).
hero member
Activity: 1148
Merit: 547
Ne Asdzx
In General, of course the best option is a decentralized exchange but due to the fact that they do not have volumes for trade have to use centralized
member
Activity: 756
Merit: 10
decentralized and centralized differ fundamentally, in that centralized everything lies on the accounts of the exchange, and komsa you pay them, liquidity is better, speed and ease of operation are better .. But security is a little question, they are often hacked.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
I prefer the centralized exchange because security is guaranteed. mostly if we trade in the decentralized exchange we must enter our Private Key to import our wallets and assets. while our centralized exchange only needs to register and enter our e-mail without having to enter our Private Key.
from the point of view of security, decentralized, on the contrary, is much safer, because assets do not go to the stock exchange, but there is constant torment to trade there, gas must be paid again for canceling the order, but it is not canceled for those minimum rates, you can trade them once warrant and check once a week
Still decentralized exchange have lot of problem to gain attention from the regular traders just simply because of its not friendly platform but centralized exchanges offers lot of features which can make the traders better and more profitable if they know how to use it.
member
Activity: 798
Merit: 17
Cryptoknowmics - World's First Decentralized Media
I prefer the centralized exchange because security is guaranteed. mostly if we trade in the decentralized exchange we must enter our Private Key to import our wallets and assets. while our centralized exchange only needs to register and enter our e-mail without having to enter our Private Key.
from the point of view of security, decentralized, on the contrary, is much safer, because assets do not go to the stock exchange, but there is constant torment to trade there, gas must be paid again for canceling the order, but it is not canceled for those minimum rates, you can trade them once warrant and check once a week
jr. member
Activity: 387
Merit: 1
I prefer the centralized exchange because security is guaranteed. mostly if we trade in the decentralized exchange we must enter our Private Key to import our wallets and assets. while our centralized exchange only needs to register and enter our e-mail without having to enter our Private Key.
member
Activity: 490
Merit: 11
centralized exchanges will be popular for several more years. A replacement is already being prepared for them. many decentralized exchanges are almost created
You understand that today complications for the creation of decentralized exchanges are created by centralized exchanges and banks that are trying to control this sphere as the SEC works here, but they simply will not succeed.
full member
Activity: 791
Merit: 139
Both are good. both are capable to be use by the public.
Well, how can i tell that? do we have a choice?
It is the ICO developer team who will decide where to list their tokens.
we are just exchanging it, if we dont trust that exhcange then hold the tokens and wait for future exchange.
full member
Activity: 382
Merit: 100
centralized exchanges will be popular for several more years. A replacement is already being prepared for them. many decentralized exchanges are almost created
full member
Activity: 630
Merit: 104
Centralized i prefer kucoin and binance.

But decentralized not very good options. I use forkdelta or idex (which is not compeletly decentralized)
forkdelta too low tokens price. And on the stock exchange idex the minimum amount of a transaction is 0.15 ethereum, this is not very convenient when you receive small rewards for bounty.
On Forkdelta too low token prices cause bounty hunters dump prices and that is because project developers do not lock tokens before they list any good exchange . i think this is the main reason.
member
Activity: 490
Merit: 11
Do we really have decentralized exchanges in this space? Recently, Idex is currently being investigated by the US Department of Justice. So how then are they decentralized? They're all centralized for all I care.
I think that today many organizations still do not quite correctly understand the facets of their responsibility, so I think that in most cases it happens that people are simply interested in what they don’t need to be interested in or they just don’t understand how this is possible
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
both have advantages and disadvantages so it is better if it can be combined in the
current conditions both can also be used because a lot of dumper happens.
hero member
Activity: 1008
Merit: 501
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

I think this thread should move to trading section.
I like Decentralized exchange. Most of the people like Decentralized exchange, because it's very easy to use. And transaction also smooth. Maximum exchange is decentralized.
jr. member
Activity: 112
Merit: 1
Do we really have decentralized exchanges in this space? Recently, Idex is currently being investigated by the US Department of Justice. So how then are they decentralized? They're all centralized for all I care.
member
Activity: 490
Merit: 11
Centralized i prefer kucoin and binance.

But decentralized not very good options. I use forkdelta or idex (which is not compeletly decentralized)

Yes, from the decentralized exchanges today there are no fundamentally decentralized ones that could really show DEX and comply with all the rules of DEX. I know that there is a project on the platform KOMODO which in the near future will have a real decentralized exchange.
sr. member
Activity: 1162
Merit: 260
Centralized i prefer kucoin and binance.

But decentralized not very good options. I use forkdelta or idex (which is not compeletly decentralized)
forkdelta too low tokens price. And on the stock exchange idex the minimum amount of a transaction is 0.15 ethereum, this is not very convenient when you receive small rewards for bounty.
Both of these exchange sites are still lack of the volume and it will be so difficult to liquidate. But remember the latest case about etherdelta and forkdelta was having the same chance to get subpoena too.
DEX still lack of demand by speculators.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Hey pocketrocketscasino stop spamming the forum with that dinosaur link.
full member
Activity: 518
Merit: 105
Now decentralized exchanges are under attack from the SEC. Everyone read the news about IDEKS that they want to implement the KUS procedure. Also last week stopped the decentralized exchange Afelion, on the NEO blockchain. The creators of this exchange said they did not want to have problems with the SEC. I think such exchanges will have a lot of problems with regulators! If only their project team is anonymous for everyone.
full member
Activity: 980
Merit: 109
I prefer a decentralized exchange. Largely due to the fact that they adhere to the basic principle of the cryptocurrency world - anonymity. And almost on all centralized exchanges I have to go through the KYC procedure.
full member
Activity: 490
Merit: 100
Both are very good but for security maybe I prefer decentralized exchange, central exchange is too much intrigue and a number of times this year, the central exchange has experienced hackers attacks that are either real or not, but clearly investors' investment funds disappear
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