Topic: Centralized exchanges vs Decentralized exchanges (Read 960 times)
Unfortunately, centralised exchanges are much better for several reasons. First of all, the amount of trading pairs and volumes is much higher on centralised exchanges. Secondly, there are no truly decentralised exchanges left at all.
The advantage of a centralized exchanger is the speed of the transaction and also the large volume of transactions and we can by selling tokens or coins listed on the exchanger. In contrast to decentralized exchangers who trade lots of tokens or coins but do not have a large transaction volume. If told to choose, then I would prefer a centralized exchanger because it can make the price of a token up
It`s a fact, centralized exchanges are more popular, and they have higher volume. Decentralized exchanges are more safer.
Higher volume can lead to higher demand and rise of the price, I agree with you that centralized exchanges cause of their
popularity can boost the price of some coin.
Most of us use centralized exchanges more then decentralized, it`s a fact. One day decentralized exchanges will be more
popular and with higher volumes, I`m sure in that.
The advantage of a centralized exchanger is the speed of the transaction and also the large volume of transactions and we can by selling tokens or coins listed on the exchanger. In contrast to decentralized exchangers who trade lots of tokens or coins but do not have a large transaction volume. If told to choose, then I would prefer a centralized exchanger because it can make the price of a token up
Both have thier peraonal benefits and deoending on the situation and typre of trade required at a certain time one might need wither of them but personally i prefer decentralized exchanges based on security and protection of ones privacy 🔏 but hey we have different opnions
Actually I prefer DEX because there is no third party in the transaction, the seller directly determines the price to the buyer, and the buyer also pays directly to the seller. But to use DEX, we must at least have an ETH balance if the case is DEX based on ERC20 as a trading fee. While at CEX, trading fees are taken from the coins that are to be sold. So it doesn't need ETH balance or anything else, just enough coins to be sold.
uncomfortable using eth/gas. At CEX the fee is deducted automatically without having to use gas. If the network is full, transactions from DEX also require greater confirmation so that the transaction lasts longer and is not smooth. Their platform layout and speed also look too standard, their marketing details are not an important aspect, they only prioritize the use of trade. 
Actually I prefer DEX because there is no third party in the transaction, the seller directly determines the price to the buyer, and the buyer also pays directly to the seller. But to use DEX, we must at least have an ETH balance if the case is DEX based on ERC20 as a trading fee. While at CEX, trading fees are taken from the coins that are to be sold. So it doesn't need ETH balance or anything else, just enough coins to be sold.
I used both Centralized and Decentralized exchange
Based on the current market, people would still rely and go for Centralized exchange because of the liquidity imo
Especially for big players
I use IDEX which the liquidity is actually okayish but compare to most of the centralized exchange, its liquidity is not really great for intraday trader
However, Decentralized exchange is definitely safe in the long run because in the past we actually sees that there's tons of exchange that actually got hacked/hijacked/exploit
Yet, it really takes time for DEX to actually came in and have their own place
Based on the current market, people would still rely and go for Centralized exchange because of the liquidity imo
Especially for big players
I use IDEX which the liquidity is actually okayish but compare to most of the centralized exchange, its liquidity is not really great for intraday trader
However, Decentralized exchange is definitely safe in the long run because in the past we actually sees that there's tons of exchange that actually got hacked/hijacked/exploit
Yet, it really takes time for DEX to actually came in and have their own place
Decentralized exchanges are cool and also since people value their privacy, decentralized exchanges are preferred because no kyc is involved, you are also in control of your private key, though it has it's own disadvantages, most times new investors or users can hardly understand how to use them unlike the centralized exchanges which is more easier for newbies.
I really love decentralized exchanges as they are very easy to trade and users also have the total control and access over their funds. Example of the decentralized exchange i love is FORKDELTA. It has a nice interface and so easy to utilize
I prefer to using centralized exchange like binance for speed, because it is very fast when i trade.
Using decentralized exchange like forkdelta is OK, but sometimes the order books is not updating.
DEX actually very good, i haven't hear anything about hacked dex while there were many centralized exchanges has been hacked.
Using decentralized exchange like forkdelta is OK, but sometimes the order books is not updating.
DEX actually very good, i haven't hear anything about hacked dex while there were many centralized exchanges has been hacked.
I also like using DEX for trading but trading volume is the main reason why investors do not want to participate. I think centralized exchanges always have very good policies to attract new investors. In my opinion the use of exchange requires a great deal of consideration because decentralized exchange has its own risks, which you need to be careful about because even a small mistake can cost you your entire fortune.
I prefer to using centralized exchange like binance for speed, because it is very fast when i trade.
Using decentralized exchange like forkdelta is OK, but sometimes the order books is not updating.
DEX actually very good, i haven't hear anything about hacked dex while there were many centralized exchanges has been hacked.
Using decentralized exchange like forkdelta is OK, but sometimes the order books is not updating.
DEX actually very good, i haven't hear anything about hacked dex while there were many centralized exchanges has been hacked.
I love decentralised exchanges because I am always have a full control over my funds, but the only problem is that there are no true decentralised exchanges on the market. Forkdelta is almost shutting down and IDEX has implemented KYC process.
I think decentralised exchanges are the best like you have total control over what happens to your asset. To me thats quite interesting
Decentralized exchanges is the best but unfortunately only few are using them. Most user still prefer the centralized because its much easier for people while in the decentralized exchange it seems people are paranoid entering their private key/file to access the exchange.
I think decentralised exchanges are the best like you have total control over what happens to your asset. To me thats quite interesting
For me decentralized exchange is the way to go. Simple and easy and all coins in my control. Sad that most decentralized exchanges have no good liquidity. Otherwise it would make the world of difference.
Interestingly we have very few decentralized exchanges and those available do not get across all cryptocurrency blockchain. It is obviously a need in the space that is not attended to, hybridblock exchange project Idea could have taken care of this but the developers failed with exchanges completion.
Think so? Durov had never trade his interests to any govering dept. So there is only chance that investors will push SEC away.
So is there any sense then in buying GRM for 3.5 on bitrexchange? Or what? 
Think so? Durov had never trade his interests to any govering dept. So there is only chance that investors will push SEC away.
I do not know really, I am not quite into this process. I am just trading and buying BTC, ETH, and some tokens, that's all. Sometimes discovering new things like bitrexchange
Got you, very interesting source, I will buy some GRAMs there, just to hold some for one day. Do you have grams? What's the future of TON? Where can I buy GRAM? Sorry for a kinda an off top, but I got tired of searching for advice. Maybe an alternative exchange, something like this
I bought on Bitrexchange com, they have a great exchange rate, around 3.5 USD per token, really like this price? You wanna buy some?Jump to: