Bitcoin Forum

   Centralized exchanges are trading platforms that function like traditional brokerage or stock markets,
transactions are being controlled by the owners of the exchange. On centralized exchanges users do not have access to their
private keys. They are managed by one central body which makes them vulnerable to hacker attacks.

   Decentralized exchanges DEX is trading platform that operates without central authority. They are
utilizing blockchain technology. Decentralized cryptocurrency exchanges have been designed in order to protect funds from being
stolen, users have control over their funds.

   -Currently, on the cryptocurrency market, about 99% of transactions are being handled on centralized exchanges.
   -DEX have high level of privacy, transactions are anonymous.
   -Centralized exchanges have higher liquidity and higher trade volume compared with DEX.
   -Centralized exchanges allow users to exchange fiat for crypto-currency and vice versa. DEX only accepts payments
in crypto-currencies.
   

Crypto was never meant to be traded on centralized exchanges like we see today. That's not my belief anyway. It's meant for Peer 2 Peer transactions with no middlemen.
I'm a STRONG believer in DEX's VS the future.

One of the best DEX solutions I've seen is the Stakenet Lightning DEX, for a couple of reasons.

1) It's gonna run on masternodes, making it extremely decentralized. Once it's up and running, even if the DEVS wanted to, they wont be able to shut it down.
2) The masternodes running the DEX will hold the blockchains supported by the DEX. This means you DON'T need to sync with the network to be able to trade, which is killing the user experience for most today when using DEX's.
3) As Stakenet's DEX is lightning compatible, everyone using it, will be able to trade as fast as any centralized exchange. Lightning transactions is near instant, and the fees extremely low.
Bitcoin have had it's hassle and issues with the tech, but when used in this scenario and setup it works surprisingly well.

The best part? The incentive to run a masternode is huge as every single DEX fee collected by the network is distributed and shared between all the masternodes running it.

With upcoming regulation rules, GEO-blocking of several countries on the top exchanges, and limits on how much you can trade dependent on your KYC level, it's a no brainer for most to move over to a more secure platform where one can trade 100% anonymously, and with 0% risk of getting HACKED.

Just my 2 cents...

Centralized exchange excels in so many things that normal users and day traders don't require or don't want to trade on dex.
The fees are complex and larger on dex, the trading slower, a learning curve mostly different for different dex.
More exchange based features like IEO, Margin trading makes cex more popular and best of all cex is also a multicurrency wallet.

Decentralized exchanges are just not convenient most of the time; it takes quite a while before your order is fullfilled not like centralized ones but you can be sure that no one will ask for KYC when it comes to these exchanges and that's a big plus for people who care about their anonymity.

I may agree with some points you've made in your post butI don't think that there is a 0% risk of getting hacked even with decentralized exchanges plus you need some technical knowledge to be able to use a it that's why most of new people prefer using centralized exchanges since obviously they are easier to use.

I thought centralized exchanges were a mix of the two aka their often just a front end GUI to interact with multiple decentralized exchanges?

I know there is some platforms that are purely centralized but I'd have thought the majority were still DEX

yes, you are right
but, now people still choose a centralized exchange rather than decentralized exchange mate
i also believe DEX is safer than CEX

I prefer DEX but sadly the majority of dex has very low daily trade volume and compared to the decentralized exchange site and the daily volume of dex is nothing. But binance dex has told us about the possibility of the centralized dex for sure.  :D

Binance DEX is on the early stage but we shall see some significant increase in volume in the long run.
Currently, the trading volume is still below $10 million while in Binance centralized exchange it reaches $1 billion, so there's a big difference and we can tell that people now supports more the centralized compared to the DEX.

 My money is on the Lightning DEX being developed by X9 developers. 

Dex is very easy to use, there are many Dex exchanges for each token exchange from Ethereum, Tron, and XRP.
the speed of transactions chose me to use the Dex exchange, we don't need to use KYC to register on this exchange and I think in the future there will be more Dex exchanges with good trading volumes.

yes, you are  probably right
but, now people still choose a centralized exchange rather than decentralized exchange mate
i also believe in decentralized exchange

DEX will always the most preferred exchange but that requires huge works to be done as well. In a centralized exchange, I can easily deposit the und, trade, and withdraw but in DEX, I need to log in with my keys which is sometimes not much secured, you know once key is gone to another hand, they can easily steal your balance.

No questions?

I though you are going to ask something like, "What do we prefer?"
Well, we cannot go on with a good conversation without that right? Creating this thread wont mean anything if it just an explanation that can also be googled.

Anyways, I do prefer decentralized exchange but they are getting rare by now. So, there is not much options but to just use those centralized exchange and just be careful on keeping it for a long time.

Sincerely this are two different  setups trying to serve the same goal and definately, one will do more better so I expected you to bring a dialogue but your statement was just blank, maybe I sound harsh but it is, you can rephrase and mention me

This is a good explanation you give there and for those that think that centralize exchange is better than the decentralized one you are making a very big mistake and it means you have not understood the reasons. behind blockchain technology. Though I used centralized exchange for trading I know that my funds are not safe because to secured your funds you must hold the private keys of your wallet. A decentralized exchange is the best and I believe that in future when we fully understand blockchain we would know that the reason why hackers are having their ways is that the exchange is centralized

Wrong, centralized exchange site still become the most preffered exchange site. Dex is not so safe when you are logging with your privatekey. Cex and Dex have its own weakness. No need to mention but Cex still a winner from the popularity.

It has its own pros and cons, and it's up to us traders what trading platforms are we comfortable. Personally, I have traded on both types of exchanges and  I can't say which one is the best. The main thing to remember here is,"not your keys, not your coins".

The only disadvantages decentralized exchanges have is they already ruin the value of tokens,dumpers dumps tokens at unreasonable prices but they are more safer than centralized exchanges

it is impossible to choose between centralized and decentralized exchanges at this stage which is why it is hard to answer your question here in the poll. both of them have both positive and negative features that makes them both good and bad at the same time.

for example we all know the risks of centralized exchanges and the fact that every year at least 15-20 exchanges either get hacked or scam their users. but they still are offering features that a day trader wants specially in altcoin market where you want to go in and out of altcoins that get pumped and dumped in short times.
decentralized exchanges solve this problem but you can't do the same thing with them, and their liquidity is still low. not to mention that sometimes you can't find a lot of altcoins on these platforms so your choices are going to be limited.

Currently user experience and user support are still not good like centralized exchange. But the Binance have launched their decentralized exchanges Binance DEX, I think they will make it common use in the future

of course centralized exchange, for me it is more secure 

Although I have been a long lover of centralized exchange and an advocate of listing on centralized exchange. After some exit scam of some centralized exchanges and their shady activities coupled with some expensive withdrawal fees, which serves their selfish purpose. After trading on some Dex, I now hate centralized exchange with passion. Dex must be made to attract liquidity which is a major bottle neck to DEX.

Both have pros and cons, that's what I have mentioned but if you ask me to choose one, I would go with DEX because CEX controls your fund, if the exchange gets hacked, we will not get the chance to recover it. There's thousands of BTC have been lost by users due to the exchange hack.

Decentralized exchanges, of course. It is all about security nowadays cuz there many frauds on the centralized exchanges. On the other hand, people are responsible for their own digital assets and there are no third-parties.

Try using weiDex - https://app.weidex.market. We just made an update which includes a lot of new features and upgrades like smart contracts, Kyber Network integration for liquidity, UI updates, etc. There are also tutorials of how to use the decentralized exchange which can also help you to use almost every other DEX.

weiDex advantages over centralized exchanges:                                                                                  

 - User has full control of their assets
 - Blockchain level security
 - No user information or details required
 - Fully transparent
 - No withdraw/deposit
 - No new user sign up restrictions
 - Referral system(Makers receive 50% of the Takers fees for providing liquidity) and also another 20% from an invited friend fee

People love the concept of decentralized exchange but these decentralized exchange has not been advance enough to fulfill the needs of regular traders. Binance dex is a start, BNB as a gas. Low fees but again BNB too is a speculative coin. Dex should use a stable coin as a gas and calculate the fees according to the volume.

In the future if DEXs can improve liquidity, processing speed and, most importantly, cross-chain trading capabilities, I think it will capture CEX's market share. That's true for the nature of the blockchain when we own our PK.

I think that with the start of the IDO (D-Decentralized), decentralized exchanges will take away part of the total trading volume from centralized exchanges.

You mean it's more comfortable for you lol

DEX's are the future no doubt about that and there are already some very smooth ones like WAVES DEX. Security is what matters most and a centralized exchange will never be able to compete with a real DEX..

I might really prefer Dex exchanges because it offers security and since I have already mastered the user interface and can virtually navigate all DEX. But the problem of liquidity is one of the major challenges of decentralized exchanges for me.

Lol, people always mess up here. Centralized are comfortable in term of using but not secure at all because centralized exchange may be hacked any time, your account may be hold for normal issue and etc. while in DEX tho  chances of those problems will not arise.

Centralized and decentralized exchanges have advantages and disadvantages, and we have a different opinion when we choose exchanges. Some people will choose a centralized exchange because they can have many options for coins to trade, especially for the big and old coins. Besides that, in the centralized exchanges, we can try to trade with bitcoin, ethereum, usd, usdt as for the pair while in the decentralized exchange, we don't have many options to trade. We can trade for the tokens that are based on the ethereum network so I think we cannot make a bigger profit in the decentralized exchange.

I still believe in centralized exchanges clearly over decentralized ones. What people are forgetting that when we moved from fiat to crypto and supported the decentralized ways of bitcoin over the centralized FED run fiat it was because bitcoin was actually a better product than dollar, right now exchanges are not providing that, if binance is still clearly better than any DEX out there then why would I want to use those exchanges?

If dollar was more secure and more trustworthy than bitcoin then I would use dollar as well, its not because bitcoin was created as a better version. Create a decentralized exchange with huge volume where there is no control over it by anyone ever and then I would be willing to use it over any centralized exchange, until then I am going to keep using binance.

I personally love DEX but for now i still prefer CEX because it's more comfortable to use and has much bigger volume. But I really hope that DEX will have huge volume and nicer ui in the future since it's safer than CEX.

We need more of decentralized exchanges. Centralized exchanges are too much and the annoying thing is that most of them are pros when it comes to manipulating the volume of trade coins

I prefer to use decentralised exchanges, because I like the fact that I am not giving away control over my funds. Decentralised exchanges are also less likely to be hacked, but a solid disadvantage is that the amount of coins is much smaller than on centralised exchanges.

I prefer a decentralized exchange, but currently there is no decentralized exchange in the top 10 major exchanges. so for now I'm using a centralized exchange. if Binance DEX is successful I will definitely use it.

I always chose decentralised exchange above centralised one. I like the concept of taking care of my own asset. And in recent news we already saw many hacks in centralised exchange. I can't take that risk on my asset. That's why I always prefer decentralised exchange first. But decentralised exchange has their own problems like no volume in most of the tokens. And that's the biggest problem for me. That's why sometimes inhave to use some centralised exchange instead of decentralised one.

Majority crypto traders use centralized exchange due to it speed and functionality , it is difficult to achieve corresponding result with decentralised one but there are few decentralised exchange whose trade speed is relative to centralized one but lack in fiat gateway functionality.

I am for decentralized exchange since i am for anonymous but i hope also in the future that decentralized exchange would dominate the market since my observation today there are only a few of them. Fast and anonymous are the two characteristics of decentralized exchange i like the most.

I personally like to trade on decentralized exchanges.  Such as IDEX and Binance Dex.  The fact that there is no need to be checked and submit documents suits all users.  It is good, for example, that at ForkDelta you can find and invest in tokens of projects that are not being traded anywhere.  You can buy tokens at a low price and subsequently get a good profit.  There are also centralized exchanges with a good reputation, the main thing is the exchange team.  If the founders of the platform are forward-thinking people and really value their reputation, then it doesn’t matter what the exchange is, the main thing is not the fraudsters.

The reason behind centralized exchanges having so much fund at their disposal is simply because they have lots on traders on them and the major reason for that is, they are well marketed unlike decentralized exchanges.
If DEXes can have the kind of exposure that centralized exchanges have, then it will surely be the best, because of its so much benefits.

For good trades need a high volume of course. To date, high trading volumes are provided only on centralized exchanges. All the big players are concentrated there. But no one prevents you from using decentralized exchanges for small sales if it is more convenient for you.

The DEX exchange makes it easy for traders to trade, deposit and withdraw tokens as they wish, I often use Dex exchanges like IDEX, for now, the Binance decentralized exchange for the first has the good trading volume on their platform.
A centralized exchange is good, but still vulnerable to theft and hackers

   Do you know that from 24 July we will have to complete KYC to be able to trade on IDEX? They already announced their intentions to incorporate KYC and AML, now that`s
happening.
   There will be 30 days transition period, we will be able to make transactions without verification, but after transition period only verified users will be able to trade on IDEX.
What you think about their move? Good or bad for traders?

With so many hacks and regulations CEX can´t survive a fight with DEX.
But also we see that regulators are trying to regulate IDEX, the first DEX on ethereum network.  ::)

That thing to be expected, there's the big boys that wanted to prevent the money laundering and I do support that requirement to prevent criminality, although that might be really inconvenient for many people. Also to take into account that submitting your data everywhere is really risky privacy wise.

If given a real choice, the vast majority would prefer decentralized exchanges. But there are two drawbacks with this type of exchanges. First of all, the trade volume in many cases is very low, when compared to the more established centralized exchanges. And secondly, the decentralized exchanges are not as user friendly as the centralized ones. Someone who is new to crypto may find it difficult to understand the procedures and methods. But then we need to see for how long we get to use the decentralized exchanges. The FBI is pushing too hard for mandatory KYC verification of the users.

Most people prefer to make use of Centralized exchanges… I hardly see anyone that is even making use of the exchanges that are not centralized… even I myself hardly make use of these decentralized exchanges and it has been long that I made use of any of them. Each of them has its advantages and disadvantages, it’s all up to the person that is making use of it to decide what’s best for them and start making use of that, but like I said, most of the people who are traders prefers to make use of the centralized exchanges than the decentralized exchanges.

There are centralized exchanges that are very secured to make use of as well. It all depends on the team that are handling the platform and how they decide to handle it.

I don't agree with you. Most smart people and those aware of the dangers of centralized exchanges would choose a decentralized one.

The real majority is not smart and not aware. They will choose whatever is faster cheaper and easier to use. Don't expect the majority to protect their data.

99% of transactions are CEX? I didn't know that. I am surprised. To be true believers in crypto will use crypto as it is meant to be used, by using a DEX exchange.


I didn't think of that. I agree. For me decentralized has been better and less hassle. I have never heard of a decentralized exchange freezing your funds after 1 deposit.
None of these exchanges need our KYC especially when they do it themselves. Exchanges that conduct KYC by themselves are scams.           

I do not agree to this; token prices dumps anywhere
Be it a centralized exchange or a decentralized Exchange

You cannot leverage dump tokens on Dex.

Either dex or cex; token prices are not 100% safe
That’s why token get delisted on cex too

When the dexes get 100% decentralized and user friendly the kyc infested centralized exchanges will die a celebrated death.

The problem for the dexes like you said is the user interfaces as most of them are not user-friendly but with enough experiment, you can use these exchanges without worry.

No KYC at all one of its major advantage compared to most of the centralized exchanges right now.

If I'm free to choose which one to use I go for decentralized no doubt about that.

Nothing beats having a decentralized exchange; you totally have nothing to worry about
You worry about yourself and your privacy

With dex

1. You don’t receive email of attempted hack
2 you don’t need to write support about a failed 2fa or delayed deposit or delayed withdrawal

It’s just the best for me

Good analysis on the difference between centralized and decentralized exchanges. Decentralized exchanges ideally should be the best option, but they are yet to meet up to standard when compared to centralized exchanges. Talking about liquidity and trading volume, fast transaction, ease of use and system UI, DEX lag a lot. But security wise, DEX are better off than CEX. So both have their own advantages and disadvantages.

I prefer CEX because have provided facilities for exchanging crypto money with fiat, usually I can also withdraw fiat assets via a bank other than that the majority is legal and has an operating permit from the local government, so the Office is clear and traceable. but indeed there are a few who disagree with CEX because it is held by an Owner. from here they can set or manipulation prices.

It is a pity to admit it, but at the moment it is difficult to single out some kind of stock exchange that can boast of complete decentralization, at the moment everything goes to the fact that centralization is under pressure from all sides, but I hope that all the same, full centralization will not happen.

decentralized exchanges are safe tan centralized but decentralized exchanges has less options, also centralized exchanges more fast in orders

Centralized exchanges has actually defeated the object of cryptocurrency, because cryptocurrency is meant to be fully a decentralized system and should never have the involvement of thirst party, and the reason for creating this decentralized system is to eliminate all third party and also third party fees which usually makes the cost of doing business or making payment very high, but centralized exchange has already taken over and most of the exchange we have now are centralized and we have very few DEX.

The little DEX that we have does not have the volume to become successful which is why people are not using them that much, but I think the reason why DEX is not gaining much popularity as much as CEX is because of the inability of people to change fiat to crypto on it. This should be one of its limitations.

I agree that DEX has too few options, so many people prefer to keep using CEX for now

I think it's the same as nothing is faster or slower

I still prefer to focus on trading because it is faster and more convenient. Decentralized transactions are slower and more complex.
The centralized exchanges have better business models and better trading volumes. It is liquidity for assets and I am confident that people will choose focused trading.

DEX for me was very convenient to use and no hassle and we don't need to worry in terms of withdrawal limits compare to Centralized exchange were it needs KYC for us to increase our daily withdrawal limits. But in terms of having a great volume in the market centralized always prevails on this concepts I can't deny and no doubt about that and centralized always on top of the exchange.

In my opinion, the centralized exchanger or decentralized exchanger is actually not an issue, as long as we keep our coins in our own wallet. If it is related to transaction volume, I think centralized exchangers are superior to Decentralized exchangers and this is good for a project because it provides large liquidity for investors.

Whether the exchange is centralized or decentralized doesn't matter when you keep your holdings into your own wallet is a right thing, but trade can't be executed within minutes if you've opened a buy or sell order for a specific price. This could happen in a short or takes time. As of now for liquidity, trade support and for various other security reasons I prefer centralized exchange.

Even with decentralized exchange errors will occur which will cause funds to get frozen. Nothing can be done until the error gets rectified. With centralized exchange, it is taken responsible by the exchange authority for the funds. Think of the hack that took place with Binance, it took responsibility for the funds and gave from its reserve to the users.

Decentralised exchanges are better for people that are trying to stay anonymous and do not want to share their rights for funds, but this trend is actually dying off, because IDEX requires KYC right now, so I do not see any reason to trade on decentralised exchanges anymore.

That is basically what is still given the centralized exchanges upper hands in the market, because if you look at it, we are actually supposed to be operating fully under a decentralized exchange, but ever since the introduction of Centralized exchanges, people has been more keen about them because Centralized exchanges have seen the lapse of DEX exchanges and that is what they built on to gain the attention of traders and investors, but things can still turnaround.

We already have new DEX exchanges that are being developed right now, such as OKEX I think and Binance, and I am sure that they will all look into these lapses too and fix it in their own DEX exchange. I believe that one say, DEX will become more popular than CEX. For Binance to ave also considered DEX, it shows that they believe more in DEX too.

I use both. like binance dex  and binance exchange. I like trading on both types of platforms. as long as we see opportunities for profit, there is no problem whether it's centralized exchange or decentralized exchange.

I always like the decentralised exchange over Centralised one.  Cause in decentralised on Exchanges you don't have to give your asset to any other party. That's the best part. But we all who love decentralised Exchanges have to use centralised Exchanges to some reason. Th main reason is volume. In centralised one the volume of the most coins are very low. Also sometimes you have to pay some extra bucks cause less liquidity. The choice is also limited in some places. But overall decentralised are better for me.

The centralized exchange usually faster than decentralized one, so most peoples prefer using centralized exchange.
But centralized exchange volume can be manipulated by the owner or users of the exchange with bot trading or wash trading.
Just using top exchange only for your safety, because it will be better than using other exchanges you don't know yet.

with different feature on offers as available option with the service of exchange trader might collects of returns on work with the arbitrage as occupying use with evaluation to put on pairs and request with closing terms on position with difference on excess.

I prefer to use Decentralized Exchanges of course. But then I also have to consider the volume, availability of trading pairs, etc. I have used Decentralized Exchanges before but right now I am normally trading in centralized exchanges. Moreover, IDEX has already ceased to function as a Decentralized Exchange. It used to be my topmost DEX choice. Unfortunately, they are now asking for KYC.

it caused by they are not feeling good with the liquidity volume in dex and they need more volume and CEX is the only solution because they have no choice consider about the big dex like binance chain has only up to 10 million dollars. A lot of people like dex but the liquidity is the main problem why majority of them refuses to use dex as their exchange site to convert their value.

The centralized exchanges need KYC and those exchanges have limits. The next thing is users funds are not safe in the centralized exchanges. Because users private keys own by the exchanges. I think most users like to go with decentralized exchanges that's why. The decentralized exchanges volumes are low right now. I think it will be changed in the future. Because most users will go with decentralized exchanges.

Centralized exchanges sometimes give your more opportunities to earn by creating pumps and manipulations with listed coins... But Decentralized exchanges are our future - that's a fact :)

DEX is a futute of the whole industry in my opinion. Crypto is designed to be decentralized

   CEX dominance is more pronounced. When we can expect DEX to come closer to CEX in every term? In couple years? Or DEX
needs much more time for that?
   Many people agree that DEX is the future, we can expect big changes in the future on this field. Just it looks like DEX progress
is very slow, they still can`t attract people in the way CEX are doing that.
   Is it the lack of good marketing or something else? Why DEX is so far behind CEX, where is the problem?

I always like decentralized exchange over centralized one. Cause you don't have compromise your asset to others security. But in decentralized exchange there are some problems like low volume, hard to use( harder than centralized one) , no mobile app(most of them). I liked decentralized but for this problems I have to use centralized too.

I'll always go for decentralized exchanges to centralize exchange anytime anywhere, .... but the issue with decentralized exchanges is that the user interface isnt smooth enough for just anybody to use it

if you are affraid of wallet security you can create a new one then transfer your funds that you want to sell to new wallet then after use that to open IDEX and trade.

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

The price is great, they price all crypto like gram? This is not demping price of course, but close to trading platforms, really good, how bitrexchange manage to make it?

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?

Think so? Durov had never trade his interests to any govering dept. So there is only chance that investors will push SEC away.

I would buy, if they offer you such price)) In fact it's always 50/50, but you can either hold or sell them immediately. SO advice: buy, for such price on bitrexchange, buy!  8)

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.

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.

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 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 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.

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 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

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 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

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.

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

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.

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.