Centralized and Decentralized Exchanges

[shoreno]

I do not use DEX, I am satisfied with Binance, as the most reliable place to trade,

maybe you only trade with mainstream crypto's but if you are an airdrop or bounty hunter  , you can find dex more useful as they list most alts and erc20 tokies  but  there's no doubt that binance is legit and famous exchange   .

and ChangeNOW is also used as a place to exchange without registering.

wtf ? what's wrong with you guys ? why alot of you still recomending changenow  ?  arent you are that changenow is now turned into scam  ?  of maybe they are just selective  .

[1715682796]

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[Bravext]

Centralised Exchanges obviously wins decentralised exchanges when it comes to the advantages, one major reason I like centralised exchanges is that you can trade coins and tokens from various blockchains and not just the blockchain that it's built on like Decentralised exchange and you go not need to hold the token of the blockchain because of fees.

[Ave_Maximus]

I do not use DEX, I am satisfied with Binance, as the most reliable place to trade,

maybe you only trade with mainstream crypto's but if you are an airdrop or bounty hunter  , you can find dex more useful as they list most alts and erc20 tokies  but  there's no doubt that binance is legit and famous exchange   .

and ChangeNOW is also used as a place to exchange without registering.

wtf ? what's wrong with you guys ? why alot of you still recomending changenow  ?  arent you are that changenow is now turned into scam  ?  of maybe they are just selective  .

why are you talking that it's a scam? have you tried it? do you know any real person who was scammed by changenow? there was only one problem, with that guy who provided fake id, but he got his refund. I'm using it for a long time, WITHOUT such problems

[Absolutep]

It is great to know the differences between decentralised and centralised,also the shortcomings, decentralised exchanges has got some privacy but limited,why centralised has got so many features but no privacy.

[Darex]

Centralized and decentralized exchanges has got alot of advantages and disadvantages among them,but i guess the simplicity of centralized and the many features has given centralized exchange a edge over decentralized but when it comes to privacy,decentralized is a choice.Thanks for putting these together.

[funnec]

A great analysis showing the difference between decentralized and centralized exchange,going by the disadvantages and the advantages,i will prefer centralized exchange for now until decentralized can add more features.