Author

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

member
Activity: 462
Merit: 10
simply getting the job done
I prefer DEX, but unfortunately if you want to exchange fiat in crypto you can't do it on decentralized exchange.
That's why you have to use both dex and cex or exchange fiat in popular exchangers like Indacoin and then trade on dex
hero member
Activity: 1666
Merit: 701
Both have advantages and disadvantages.
I prefer central exch, because the volume changes faster and trading requires fast movement to make a profit.
sr. member
Activity: 798
Merit: 258
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

Of course I preferred decentralized exchange platform. Because in decentralized you're not oblige to submit KYC but the most of the time I've had to admit that centralized always gave me a good profit compared to decentralized, though each traders oblige to submit their kyc but its enough and all of them are well compensated from it.
member
Activity: 798
Merit: 17
Cryptoknowmics - World's First Decentralized Media
The rate at which hack and exit scam is rampant with exchanges lately, i think the best option for traders especially will be decentralized exchange, at least this way your funds are more secured unlike in centralized exchange that are more vulnerable, but as an investor either one is fine provided you are not keeping your assets in the exchange, the ui of centralize exchange is way better than dex no argument on that but in the question of security which is very important dex is the better option.
the question is that it is very convenient and easy to trade on centralized ones, but there is a significant coms on them, and issues with security of funds, on decentralized it is very difficult to do a lot of deals.
member
Activity: 1260
Merit: 21
The rate at which hack and exit scam is rampant with exchanges lately, i think the best option for traders especially will be decentralized exchange, at least this way your funds are more secured unlike in centralized exchange that are more vulnerable, but as an investor either one is fine provided you are not keeping your assets in the exchange, the ui of centralize exchange is way better than dex no argument on that but in the question of security which is very important dex is the better option.
member
Activity: 798
Merit: 17
Cryptoknowmics - World's First Decentralized Media
Now, many centralized exchanges are working to create decentralized ones, because they understand they have their advantages, and when I make a joint, this will be a breakthrough, and there is already a project that is working on it.
member
Activity: 854
Merit: 10
If we see the decentralized exchanges number of users are very less when we compare it with centralized exchanges.

For example you can compare the Binance(centralized) with WavesDEX(Decentralized), Binance has the big user base and great volume. I am not sure why all traders believe such centralized exchanges more than DEX exchanges.
Where most of the traders are, other flocks will come to that majority and join them. It's about where majority is staying and what exchange they trust and everyone will just go with it to try and test if they really are good.

Meanwhile i prefer both centralized and decentralized because not all coins can found on cex as well as on dex .
A trader will have his preferred exchange base on his like and will go away from an exchange that he dislike. And another reason is with what you mentioned, it's true that most of the adults that the traders and investors hold can't be found on centralized ex.

Today decentralised is very popular because transparency so most of the community members and companies are showing a lot of interest towards the decentralised exchange, but there are some important files which require centralised technology and it will help us to keep of track of centralised technology. So decentralised is always important for us to deliver to see the transaction easily.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

Decentralized exchanges is very hard for those who sellers and no one willing to buy so i prefer Centralized exchange also for better way to trade up and it depends also for the volume who says centralized exchange for dumpers only.

The volume of decentralized exchange is really low, this is good for small projects only, you don't do day trade if you aim good profit but you can buy very cheap coins or tokens which you think has a potential.

These are a sample of volume -

https://coinmarketcap.com/exchanges/binance-dex/ $3,609,198 USD
https://coinmarketcap.com/exchanges/idex/ $2,100,139 USD
https://coinmarketcap.com/exchanges/forkdelta/ $57,858 USD

These are the popular DEX currently. The volume is very low but I'm expecting Binance DEX will grow over time.
member
Activity: 798
Merit: 17
Cryptoknowmics - World's First Decentralized Media
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

Decentralized exchanges is very hard for those who sellers and no one willing to buy so i prefer Centralized exchange also for better way to trade up and it depends also for the volume who says centralized exchange for dumpers only.

you got a point dude . its hard to sell on a dex exchange because everyone is looking for a bargain price but why waste time on a dex exchange if you can sell your coins on a centralized one ? not unless if you are also an airdrop or a bounty hunter .

Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

you said it wrong  . centralized exchanges are not for dumpers but its for hodlers and regular trader ( regular traders is not really considered as a dumpers because they only sell small percentange of thier portfolio and then they buyback again ) . decentralized exchanges are for dumpers , because decentralized exchanges mainly list coin that came from an ico bounties and airdrops  . airdrop and bounty hunters are know to be dumpers because they always sell what they got  .
What difference does a bounty hunter or investor, sometimes it is urgently necessary to sell something, and of course you have to look for exchanges where it is safer and more profitable to do, and this does not always coincide.
full member
Activity: 770
Merit: 106
Yes, and those and other exchanges, have their drawbacks, the speed and complexity of placing orders, and the convenience of finding their transactions are cons of decentralized exchanges. Commissions and frequent hacking, minuses centralized

All types of exchanges have its own problems. It is your duty to choose the exchanges to keep your fund secured and get the seamless access to you.

I use both centralized and decentralized exchanges, it is upon the token get listed. If that listed centralized I will use that and same applies for decentralized as well.
Decentralized will be future of exchanges I believe because of Binance team's decision on their new exchange setup.
everything is correct and those and other exchanges have pros and cons, decentralized difficult to trade, cancel orders, for everything you have to pay a Commission, but less risk, centralized is easier, faster , but again the risks of hacking, and not withdrawal earned.
full member
Activity: 1750
Merit: 118
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

Decentralized exchanges is very hard for those who sellers and no one willing to buy so i prefer Centralized exchange also for better way to trade up and it depends also for the volume who says centralized exchange for dumpers only.

you got a point dude . its hard to sell on a dex exchange because everyone is looking for a bargain price but why waste time on a dex exchange if you can sell your coins on a centralized one ? not unless if you are also an airdrop or a bounty hunter .

Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

you said it wrong  . centralized exchanges are not for dumpers but its for hodlers and regular trader ( regular traders is not really considered as a dumpers because they only sell small percentange of thier portfolio and then they buyback again ) . decentralized exchanges are for dumpers , because decentralized exchanges mainly list coin that came from an ico bounties and airdrops  . airdrop and bounty hunters are know to be dumpers because they always sell what they got  .
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

Decentralized exchanges is very hard for those who sellers and no one willing to buy so i prefer Centralized exchange also for better way to trade up and it depends also for the volume who says centralized exchange for dumpers only.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
If we see the decentralized exchanges number of users are very less when we compare it with centralized exchanges.

For example you can compare the Binance(centralized) with WavesDEX(Decentralized), Binance has the big user base and great volume. I am not sure why all traders believe such centralized exchanges more than DEX exchanges.
Where most of the traders are, other flocks will come to that majority and join them. It's about where majority is staying and what exchange they trust and everyone will just go with it to try and test if they really are good.

Meanwhile i prefer both centralized and decentralized because not all coins can found on cex as well as on dex .
A trader will have his preferred exchange base on his like and will go away from an exchange that he dislike. And another reason is with what you mentioned, it's true that most of the alts that the traders and investors hold can't be found on centralized ex.

It is all about the users give the focus. I understand that clearly but never go to such centralized exchanges which worm our community strength and make money out of it.

Think from the business people side. If you are a competitor of binance you will understand what I am saying and moreover it is like handing over the decentralized market to centralized market.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
Yes, and those and other exchanges, have their drawbacks, the speed and complexity of placing orders, and the convenience of finding their transactions are cons of decentralized exchanges. Commissions and frequent hacking, minuses centralized

All types of exchanges have its own problems. It is your duty to choose the exchanges to keep your fund secured and get the seamless access to you.

I use both centralized and decentralized exchanges, it is upon the token get listed. If that listed centralized I will use that and same applies for decentralized as well.
Decentralized will be future of exchanges I believe because of Binance team's decision on their new exchange setup.
member
Activity: 756
Merit: 10
Yes, and those and other exchanges, have their drawbacks, the speed and complexity of placing orders, and the convenience of finding their transactions are cons of decentralized exchanges. Commissions and frequent hacking, minuses centralized
hero member
Activity: 3080
Merit: 603
If we see the decentralized exchanges number of users are very less when we compare it with centralized exchanges.

For example you can compare the Binance(centralized) with WavesDEX(Decentralized), Binance has the big user base and great volume. I am not sure why all traders believe such centralized exchanges more than DEX exchanges.
Where most of the traders are, other flocks will come to that majority and join them. It's about where majority is staying and what exchange they trust and everyone will just go with it to try and test if they really are good.

Meanwhile i prefer both centralized and decentralized because not all coins can found on cex as well as on dex .
A trader will have his preferred exchange base on his like and will go away from an exchange that he dislike. And another reason is with what you mentioned, it's true that most of the alts that the traders and investors hold can't be found on centralized ex.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
For example you can compare the Binance(centralized) with WavesDEX(Decentralized), Binance has the big user base and great volume. I am not sure why all traders believe such centralized exchanges more than DEX exchanges.
Waves dex is not really popular but binance is a verry popular exchange so comparing both of them is not fair  .  you can compare binance to idex and ed , that will give you a good fight  .

Meanwhile i prefer both centralized and decentralized because not all coins can found on cex as well as on dex .
I dont see why it would be needed to compare a Centralized to Decentralized when it comes to popularity.Its clear as water that no one would able to beat up Binance in terms of volume and reputation.The difference can be seen on point and come to think that most DEX do trade off erc20 and only a few do trade up other tokens and even doing some crosschains.
Maybe for compared, because in some trader's opinion, crypto space must fully decentralized. I have a friend who not like centralized exchange and always make comparation about it. For me personally, as long it secure i not really think about centralized or decentralized.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
For example you can compare the Binance(centralized) with WavesDEX(Decentralized), Binance has the big user base and great volume. I am not sure why all traders believe such centralized exchanges more than DEX exchanges.
Waves dex is not really popular but binance is a verry popular exchange so comparing both of them is not fair  .  you can compare binance to idex and ed , that will give you a good fight  .

Meanwhile i prefer both centralized and decentralized because not all coins can found on cex as well as on dex .
I dont see why it would be needed to compare a Centralized to Decentralized when it comes to popularity.Its clear as water that no one would able to beat up Binance in terms of volume and reputation.The difference can be seen on point and come to think that most DEX do trade off erc20 and only a few do trade up other tokens and even doing some crosschains.
full member
Activity: 1750
Merit: 118
If we see the decentralized exchanges number of users are very less when we compare it with centralized exchanges.
not true at all . do you know the dex echange called ed and idex ? Both of these are verry popular and they cant become popular if they only have less registered users  .

For example you can compare the Binance(centralized) with WavesDEX(Decentralized), Binance has the big user base and great volume. I am not sure why all traders believe such centralized exchanges more than DEX exchanges.
Waves dex is not really popular but binance is a verry popular exchange so comparing both of them is not fair  .  you can compare binance to idex and ed , that will give you a good fight  .

Meanwhile i prefer both centralized and decentralized because not all coins can found on cex as well as on dex .
sr. member
Activity: 882
Merit: 282
and centralized and decentralized have their pros and cons, the center. something often began to be hacked lately. to withdraw the service sometimes makes such quirks, also commissions sometimes such that it makes no sense to trade.
The decentralized exchange is better than the centralized one and because of the  type of mind we have built over time we tent to think in centralized system and that is why centralized exchange platforms is more adopted than the decentralized one. Though each of them has it disadvantages and advantage and I do like to buy the dumping tokens at the decentralized exchange and sell them when there are listed in a centralized exchange as the price is always high in centralized exchange because of volume.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
If we see the decentralized exchanges number of users are very less when we compare it with centralized exchanges.

For example you can compare the Binance(centralized) with WavesDEX(Decentralized), Binance has the big user base and great volume. I am not sure why all traders believe such centralized exchanges more than DEX exchanges.
hero member
Activity: 2366
Merit: 504
that centralized that decentralized have their pros and cons. A cryptopia has recently deteriorated. Yes, and others have problems. On Ezerdelt, it is sometimes impossible to place orders on some instruments.
DEX has more pros than cons, bancor was the only hacked case that happened with DEX (Caused by security breach or vulnerability) while CEX has so many hacked cases (Even the biggest one like MTgox)
Basically, this is not relevant to say DEX can be easily hacked.
CEX has proven itself so many times if that's having cons than pros. Almost all of the hacked cases that happened with Decentralized exchange site is not related to its hot wallet.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

Centralized is good for me unless they sell their tokens even it is low. Because decentralized exchange is waiting to buy your coin once you sell it. What if theres no buyers are willing to buy? You coin will stock and wait for so long also. If they don't like the price of it once you make a bid.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
Both are good exchange, any exchange dumpers can do their thing.
More exchanges means more competition in the market, that would give better service for us traders.
The advantage of decentralize exchange is you can trade without KYC, but less secured since you need to input your private key.
member
Activity: 756
Merit: 10
that centralized that decentralized have their pros and cons. A cryptopia has recently deteriorated. Yes, and others have problems. On Ezerdelt, it is sometimes impossible to place orders on some instruments.
member
Activity: 364
Merit: 10
I always vote to Decentralized exchanges but most of well-known exchanges right now is centralized and regulated exchange.

I don't trust centralized exchange right now unlike decentralized exchange you can have private key so you have full control to your own wallet.
In exchange, I do not judge whether I prefer to focus on decentralized or more concentrated exchanges. The main problem is that our trade is safe and secure, including hedge funds. Both have their own strengths. The majority of decentralized floors were selected to create small exchange volumes before reaching the central exchange floor. If possible, I like Huobi (centralized), IDEX (Decentralized).
newbie
Activity: 22
Merit: 0
Both solutions have their merits and demerits.

Decentralized exchanges don’t have an intermediary to hold users’ funds and are deemed more secure because they run on distributed nodes, ensuring that they are immune to hacks. Other benefits of this platform are anonymity and no trading fees.

On the other hand, Centralized exchanges have high liquidity and trading volumes, and offer better UI/UX. User accounts in CEX are insured, which means that the user will get their funds back in case of mishaps. It also allows users to exchange fiat currency for cryptocurrency and vice-versa.

These are some of the merits of CEX and DEX. It is completely up to you to choose the better solution for your online coin trading.
sr. member
Activity: 868
Merit: 289
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

In the first place, Most of the top exchange in the market that are listed are centralized exchange.
All centralized exchange platform are requiring traders to submit their KYC while Decentralized exchange
is not asking any KYC to any of the their client users. But in my case, I preferred to trade on centralized
exchange, though I'm not saying DEX is not good.

hero member
Activity: 1358
Merit: 851
Decentralized exchange is better because there's ni much hassle if account being locked or any kind of wrong activity from the authority unlike the centralized exchange. On the other hand, if you accidentally make any error, in centralized exchange you may sort it out but not possible in decentralized exchange.
jr. member
Activity: 546
Merit: 5
and centralized and decentralized have their pros and cons, the center. something often began to be hacked lately. to withdraw the service sometimes makes such quirks, also commissions sometimes such that it makes no sense to trade.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
People trust centralized exchanges more than the decentralized exchange,because there is many issues happened with DEX and we will be having hard time to resolve the issue but in centralized exchange means we can contact support and can ask their help to know what can be done to resolve it.
sr. member
Activity: 1274
Merit: 267
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

The thing here is; What happens if the exchange is scam?

If it's a centralized exchange scam, then we have someone to blame, and someone could go to jail while we get our money back.
If it's a decentralized exchange, then we can't blame anyone, and the money will just go and we can't do anything about it.

Is it possible to scam people through a decentralized exchanges? I think it's just a low possibility with no significant value. The reason why people rather to choose centralized exchanges is because the trade between users needs no transaction, and in the decentralized exchanges it's a must to create a blockchain transaction. Another reason, decentralized exchanges can't allow trade cross-chain and that's bad since people don't just trade tokens from a single platform like ethereum.
legendary
Activity: 3346
Merit: 3125
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

The thing here is; What happens if the exchange is scam?

If it's a centralized exchange scam, then we have someone to blame, and someone could go to jail while we get our money back.
If it's a decentralized exchange, then we can't blame anyone, and the money will just go and we can't do anything about it.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers
I prefer both of them because they have their benefits,  as for the centralized exchange they have huge volume compared to the decentralized exchange,  decentralized exchange you have control over your account as compared to centralized exchange,  so they both have their own benefit I use both regularly

Same here . why choose one when you can choose both of them ?  I do airdrops and i recieve alot of token which can only be traded on decentralized exchanges  . im also a trader and investor , i mainly buy my coins at a centralized exchange because i find centralized exchange more easier and faster despite the security and privacy issue  .

Everybody can say what they prefer but at the end of the day,,, we will use exactly what meets our needs, no matter the pros and cons. Let me tell you if only 1 exchange could list the ICO token you invested in,,, that would be the exchange you are using. Which is another reason why I simply stopped using all these ICOs who can only get listed on low volume exchange with fake orderbooks.
hero member
Activity: 924
Merit: 1001
I always vote to Decentralized exchanges but most of well-known exchanges right now is centralized and regulated exchange.

I don't trust centralized exchange right now unlike decentralized exchange you can have private key so you have full control to your own wallet.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
I use both. Although if i had to choose one, it would be decentralized exchanges. I hope their golden times are still ahead. But prices on decentralized exchanges leave much to be desired.
Maybe because a lot of people still use oldways to trade. With centralized exchange. Actually decentralized exchange not really bad. Beside we control our own money, actually if they popular, they can be like centralized exchange with a lot of volume trading in there.
member
Activity: 728
Merit: 10
I use both. Although if i had to choose one, it would be decentralized exchanges. I hope their golden times are still ahead. But prices on decentralized exchanges leave much to be desired.
full member
Activity: 1750
Merit: 118
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers
I prefer both of them because they have their benefits,  as for the centralized exchange they have huge volume compared to the decentralized exchange,  decentralized exchange you have control over your account as compared to centralized exchange,  so they both have their own benefit I use both regularly

Same here . why choose one when you can choose both of them ?  I do airdrops and i recieve alot of token which can only be traded on decentralized exchanges  . im also a trader and investor , i mainly buy my coins at a centralized exchange because i find centralized exchange more easier and faster despite the security and privacy issue  .
jr. member
Activity: 336
Merit: 1
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers
I prefer both of them because they have their benefits,  as for the centralized exchange they have huge volume compared to the decentralized exchange,  decentralized exchange you have control over your account as compared to centralized exchange,  so they both have their own benefit I use both regularly
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers
I prefer both, because most of undervalue gem are firstly listed on some good decentralized exchange before moving to centralized exchange, more so I have control over my account in decentralized exchange, but one of the upper hand centralized exchange have is that they gat good volume
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
full member
Activity: 658
Merit: 108
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.
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.
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
full member
Activity: 462
Merit: 100
“Crypto Depository Receipts”
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.
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
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)
hero member
Activity: 2268
Merit: 507
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.
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.
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.
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.
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.
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.
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

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.   
jr. member
Activity: 322
Merit: 1
Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers
Jump to: