Centralized and Decentralized exchanges? Which one do you prefer? - page 4.

damberg

full member

Activity: 658

Merit: 108

Quote from: Olayinka225 on July 10, 2018, 02:26:55 PM

Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

It is not only about dumpers. I prefer decentralized exchnages especially because of they are safer when it comes to depositing and withdrawing funds, they do not limit daily or any amounts for withdrawals etc. On the other side, you have to be very cautious about order filling, there is less liquidity in decentralized exchanges.

dvdrewritable

member

Activity: 280

Merit: 13

I prefer to use a decentralized currency rather than centralized currency but, to be honest, I have to use both currencies because one can not lead crypto business defending with one so for doing smooth crypto business we should use both currencies, in fact, both have advantages and disadvantages.

CreamIce

jr. member

Activity: 126

Merit: 1

Decentralized exchanges outweigh the pros over centralized with respect to Crypto market design and vision.
They make the investors an owner of their money in true sense.
Came across a new distributed exchange sometime back, still awaiting to hear more on this but the features look amazing presently.
You may want to take a look : https://virternity.com/virie

sleepless

full member

Activity: 462

Merit: 100

“Crypto Depository Receipts”

Quote from: beeelzebub on November 27, 2018, 06:45:18 AM

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.

passeroutpass

full member

Activity: 438

Merit: 100

Decentralized exchanges are definitely the future. but for now, they will not be able to conquer the biggest of the market users. a couple of years I expect the popularity of such exchanges as decentrilized

beeelzebub

full member

Activity: 602

Merit: 101

Bcnex - The Ultimate Blockchain Trading Platform

Centralized i prefer kucoin and binance.

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

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: Rux on November 27, 2018, 05:18:30 AM

Can't wait for EFIN exchange, by Tokenpay

lol that company is a joke and the team was scamming a lot of people to be worked for them all for free. The scammer's exchange site can't even be trusted. The negative review will deserved by them all. Totally crap project and platform.

bongbong2014

jr. member

Activity: 168

Merit: 2

I personally prefer decentralized exchange but I use both types of exchange. I bought the coin not up the big exchange on the decentralized exchange and the top coin on the exchange of focus.

Red-Apple

hero member

Activity: 1470

Merit: 655

both! because it is not possible (yet) to choose only one over the other. both have advantages and disadvantages.

for example decentralized exchanges are so much better because nobody is going to run away with your money so you can get rid of the "exchange get hacked" news once and for all. but there are still security concerns about decentralized exchanges that can lead to money loss.

or for example the volume of decentralized exchanges is not comparable to their centralized counterparts. so if you want liquidity you can not go with decentralized ones. or if you want fiat markets it is so much better to use centralized exchanges because of all the fiat scam related issues.

wakeham8

member

Activity: 252

Merit: 10

I prefer decentralised exchanges, but the prices are not always the best. You can buy a coin on Binance and IDEX and it would be cheaper on the centralised exchange. I like trading on both exchanges because there is still no perfect one.

kipozer

member

Activity: 490

Merit: 11

If we objectively mean that today we are still trying to develop the decentralization and cryptocurrency world, in order to avoid manipulation and everything so dirty, then of course DEX is my choice.

syberwolfen

sr. member

Activity: 790

Merit: 261

Decentralised coins is what I always prefer because you will see a change in exchange. Either the value goes up or down but these exchanges will get good Income for sure, blockchain technology was introduced only to avoid third parties. Centralised coin operations will change suddenly but in decentralised it's like a hummingbird.

Psec

copper member

Activity: 140

Merit: 0

For now centralized exchanges are still the best though they have their short comings which I think many new incoming platforms are trying to work on. The only time that decentralized exchange will be better is when we can successfully trade across multiple chains thereby creating inter-chain high volumes and liquidity.

Rux

legendary

Activity: 1291

Merit: 1024

https://crypto.ba

Can't wait for EFIN exchange, by Tokenpay

PocketRocketsCasino

legendary

Activity: 882

Merit: 1000

Hi there! I'm prefer Decentralized Exchanges rather and found a new Decentralized Exchange yesterday : https://trex.org/

Let's try it and share some experience here, so.. I like it so far.

Olayinka225

jr. member

Activity: 322

Merit: 1

Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

Topic: Centralized and Decentralized exchanges? Which one do you prefer? - page 4. (Read 936 times)