Decentralized Exchange VS Centralized Exchange.

[MDIPANJAN]

Both Centralized and Decentralized exchanges have their own goods and bads.
On which you would like to trade? And which one is going to be the the obvious choice in next 10 years?


Above everything which one seems more secure to us?

[1714167064]

1714167064

[1714167064]

1714167064

[1714167064]

1714167064

[1714167064]

1714167064

[user0000001]

only decentralized exchanges. where there are no conditions and restrictions on trade! centralized exchanges are limited to withdrawal

[jrrsparkles]

Both Centralized and Decentralized exchanges have their own goods and bads.
On which you would like to trade? And which one is going to be the the obvious choice in next 10 years?


Above everything which one seems more secure to us?

Decentralized exchanges were best in terms of anonymity and limits of withdrawal because in a centralized exchange a government can track your funds and now a days most exchanges needs you identification to withdraw funds but most of the people needs anonymity here that is what the decentralized exchange can give us.

[ttg43]

Decentralized exchanges have a bright future. It is hard to believe right now, but it will be a year and everything can change. Centralized cryptocurrency exchanges are good but not the best in terms of safety when used. Moreover, incidences such as Mt. Gox hack and Bitfinex hack are not a news anymore as most of us know about it.

[SHawk]

only decentralized exchanges. where there are no conditions and restrictions on trade! centralized exchanges are limited to withdrawal

 I agree with you and I believe in the next 10 years people will appreciate the decentralized exchange more than the centralized exchange because of the qualities that it has.

[limtjoehua]

you are right that both have their respective advantages and disadvantages. perhaps in the future security is the main factor to choose an exchange, where we can be comfortable to trade there.

[Bitkoplak]

blockchain technology makes decentralized exchange safe and transparent, I prefer this type of exchange, because I can see every transaction in detail, in addition to feeling secure

[2tf]

The decentralized exchanges have the best future. But if they do not offer pairs with fiat it is difficult for them to win the market with the centralized ones.

[Irvanremok]

both exchanges and trades have their own disadvantages and advantages but if I may choose to seek exchange I may find that is safe and not too difficult for me. especially the very important he was pending not too long and the fee is not too expensive. because it is very important for me to exchange and trade.

[adrianto1995]

Both Centralized and Decentralized exchanges have their own goods and bads.
On which you would like to trade? And which one is going to be the the obvious choice in next 10 years?


Above everything which one seems more secure to us?

For some reason, I prefer Decentralized Exchanger, because trading at Decentralized exchanger is more simple and more transparent than Centralized exchanger. We don't need account Register and pass the KYC verification just for trading and withdrawal. Also, there's no Withdrawal limit in Decentralized exchanger...

[slaman29]

There is only one benefit with centralized as far as I'm concerned and that is liquidity. This is simply the only reason everyone used Polo, Bittrex, Bitfinex, and now moving to Binance and Huobi and all the new centralized ones. But as soon as we can find a decentralized exchange that beats these guys in liquidity, we're all going to move there.

Security: trustless.
Fees: lower.
Manipulation: less risk.

What other excuse do we need?

[Esterklu]

I prefer only decentralized exchanges, i dont like verification, dont like limits. Sometimes i am starting to think that people forget about one of the main principles of crypto - anonymity.

[spngebob]

Both Centralized and Decentralized exchanges have their own goods and bads.
On which you would like to trade? And which one is going to be the the obvious choice in next 10 years?


Above everything which one seems more secure to us?

It doesn't matter.
I trade where I can sell alt coins. Or tokens.
I prefer centralized if I can't sell it there than I use decentralized exchange.

[olubams]

Both Centralized and Decentralized exchanges have their own goods and bads.
On which you would like to trade? And which one is going to be the the obvious choice in next 10 years?


Above everything which one seems more secure to us?

I would choose decentralized exchange over the centralized one anytime. Although, they both have their own contributions to the ecosystem but also, most decentralized where people trade based on market forces are even tending towards centralization because of the way its being operated. Withdrawals and deposits are controlled manually, KYCs without which you can't withdraw etc. But a true decentralization with an an inbuilt escrow system and reasonable exchange fees is the best.

[entemeister]

In decentralized exchanges you are in control of your funds at all times while centralized exchanges can be hacked, they can shut down or they can freeze your funds for any reason. 

[sunsilk]

I have experienced for both but it doesn't matter to me if I'm trading with a decentralized exchange or not.

What matters to me is before trading to any exchange, I'm making sure that the token that I'm about to trade does have enough volume and people who puts buy and sell orders.

Above everything which one seems more secure to us?

There are centralized that are being hacked from the past but there also reports that I've read before about how slow a decentralized exchange is.

I guess it all depends on the number of users.

[Cynooza]

I prefer decentralized exchanges. If you take all safety measures, the chance of having your funds stolen is pretty low. While centralized ones regularly get hacked and funds get stolen.

[Maldini07]

for me, I prefer to use decentralized exchange because like most other opinions besides the limit withdrawal, no need to pass kyc, trading in decentralized exchange is more secure and transparent than centralized exchange. but I also use centralized exchange to trade some coins that are not available on decentralized exchange

[jackjackfly]

It depends on the situation, both variants are good. But sometimes I feel like centralized exchanges have higher commissions fee. So yeah. moreover decentralized exchanges allow you to sell any token just by having smart contracts address

[nasar]

 I agree with you and I believe in the next 10 years people will appreciate the decentralized exchange more than the centralized exchange because of the qualities that it has.