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Author Topic: Decentralized Exchange VS Centralized Exchange.  (Read 214 times)
goyald2801
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June 23, 2018, 11:20:07 PM
 #21

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?

As of now i like both centralized and decentralized exchange , only thing matter is the liquidity , support and ease of use .
in next years DEX will be the obvious choice of people because of increasing risk in security , bcoz we dont know they are really hacked or insider job . Binance already started working on DEX so they are not fools which have already working exchange and still want to move to DEX .
Ritaaa
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June 24, 2018, 12:52:50 AM
 #22

The blockchain and cryptocurrency space have been built on a philosophy of decentralization and the advantages that it brings. However, this same philosophy has not carried over to how the majority of users are conducting trades within the space. Decentralized exchanges continue to be overlooked for their centralized counterparts, that do currently offer significantly better trading functionalities. However, as the development of decentralized exchanges progresses, it may be likely that we see a shift in preference to the more decentralized model.
yndye
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June 24, 2018, 05:34:06 AM
 #23

OP, I think this question is an already answered one because lately, most bitcoin or cryptocurrency enthusiastist are only interested in trading in a decentralized exchanges because it gives you the trader or investor the freedom to manage your cryptocurrencies without monitoring from any second other third parties. I guess most investors whom have no other choice than to use this centralized exchanges are those from countries that demands the use of it and they definitely have no choice.

The problem with decentralized ones is that the volume is pretty low so for those people who has large amount of coins, they would wait for sometime for the coins to be listed in centralized exchanges because that's where the volume is. We would say that most cryptocurrency enthusiast are interested in trading in decentralized ones but why is it I can always see people who are asking when the coin would be listed in binance when it is a centralized one? It is because we know that volume would be there when it is listed in a centralized exchange.

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tampz
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June 24, 2018, 06:25:29 AM
 #24

Decentralized exchanges are necessary to buy tokens at low prices, which go there immediately after ICO. In this they are good.

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crazy_elky
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June 24, 2018, 09:20:32 AM
 #25

Personally I believe that decentralized exchanges will gain more and more volume and users. Maybe in 2-3 years we will use mostly decentralized exchanges.
omonuyak
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June 25, 2018, 07:19:17 PM
 #26

Most of the decentralized exchange are dumping ground for icos investors and traders.  I will like were trading in bitcoin is enabled with most of the coins and tokens available. 
Centralized exchange provide you with a good platform for bitcoin and altcoins trading and binance is trying to introduce fiat and cryptocurrencies trading. If decentralized exchanges can bring this on the table I believe people will prefer using them than the centralized one.
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July 02, 2018, 01:00:14 PM
 #27

all still using the analysis of whether this exchange as desentalization or still unclear or still in doubt. but the important thing is we are running the alt currencies we need yet to the stage of storage. Angry Cheesy

Oilacris
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July 02, 2018, 06:23:07 PM
 #28

Decentralized exchanges are necessary to buy tokens at low prices, which go there immediately after ICO. In this they are good.
Not always the good thing and not always the same scenario that would happen where you can buy cheap coins and later on it would rise its price. The fact here is that DEX is the main place where tokens can be sold out directly yet traders or token holders do make such decision on selling or buying on early phase where tokens doesnt hit up on better centralized exchangers.
So as an investor its your choice if you can risk to buy out tokens on very cheap prices and believe their potential.

Elpeor00
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July 03, 2018, 04:16:06 AM
 #29

The only advantage of a centralized exchange is the possibility of high volume and frequency in trades between fiat and cryptocurrencies, specially for scalping strategies, to trade between cryptocurrencies a decentralized one is always better and most likely the advancement of the blockchain technology and it's more widespread adoption in the future will overcome that and  any other disadvantage a DEX can have over a centralized exchange.
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