Centralized and Decentralized exchanges? Which one do you prefer?

[Olayinka225]

Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

[PocketRocketsCasino]

Hi there! I'm prefer Decentralized Exchanges rather and found a new Decentralized Exchange yesterday : https://trex.org/ 

Let's try it and share some experience here, so.. I like it so far.   

[Rux]

Can't wait for EFIN exchange, by Tokenpay

[Psec]

For now centralized exchanges are still the best though they have their short comings which I think many new incoming platforms are trying to work on. The only time that decentralized exchange will be better is when we can successfully trade across multiple chains thereby creating inter-chain high volumes and liquidity.

[syberwolfen]

Decentralised coins is what I always prefer because you will see a change in exchange. Either the value goes up or down but these exchanges will get good Income for sure, blockchain technology was introduced only to avoid third parties. Centralised coin operations will change suddenly but in decentralised it's like a hummingbird.

[kipozer]

If we objectively mean that today we are still trying to develop the decentralization and cryptocurrency world, in order to avoid manipulation and everything so dirty, then of course DEX is my choice.

[wakeham8]

I prefer decentralised exchanges, but the prices are not always the best. You can buy a coin on Binance and IDEX and it would be cheaper on the centralised exchange. I like trading on both exchanges because there is still no perfect one.

[Red-Apple]

both! because it is not possible (yet) to choose only one over the other. both have advantages and disadvantages.

for example decentralized exchanges are so much better because nobody is going to run away with your money so you can get rid of the "exchange get hacked" news once and for all. but there are still security concerns about decentralized exchanges that can lead to money loss.

or for example the volume of decentralized exchanges is not comparable to their centralized counterparts. so if you want liquidity you can not go with decentralized ones. or if you want fiat markets it is so much better to use centralized exchanges because of all the fiat scam related issues.

[bongbong2014]

I personally prefer decentralized exchange but I use both types of exchange. I bought the coin not up the big exchange on the decentralized exchange and the top coin on the exchange of focus.

[lobo13hf]

Can't wait for EFIN exchange, by Tokenpay

lol that company is a joke and the team was scamming a lot of people to be worked for them all for free. The scammer's exchange site can't even be trusted. The negative review will deserved by them all. Totally crap project and platform.

[beeelzebub]

Centralized i prefer kucoin and binance.

But decentralized not very good options. I use forkdelta or idex (which is not compeletly decentralized)

[passeroutpass]

Decentralized exchanges are definitely the future. but for now, they will not be able to conquer the biggest of the market users. a couple of years I expect the popularity of such exchanges as decentrilized

[sleepless]

Centralized i prefer kucoin and binance.

But decentralized not very good options. I use forkdelta or idex (which is not compeletly decentralized)

forkdelta too low tokens price. And on the stock exchange idex the minimum amount of a transaction is 0.15 ethereum, this is not very convenient when you receive small rewards for bounty.

[CreamIce]

Decentralized exchanges outweigh the pros over centralized with respect to Crypto market design and vision.
They make the investors an owner of their money in true sense.
Came across a new distributed exchange sometime back, still awaiting to hear more on this but the features look amazing presently.
You may want to take a look : https://virternity.com/virie

[dvdrewritable]

I prefer to use a decentralized currency rather than centralized currency but, to be honest, I have to use both currencies because one can not lead crypto business defending with one so for doing smooth crypto business we should use both currencies, in fact, both have advantages and disadvantages.

[damberg]

Centralized exchanges for dumpers
Decentralized exchanges very strict for dumpers

It is not only about dumpers. I prefer decentralized exchnages especially because of they are safer when it comes to depositing and withdrawing funds, they do not limit daily or any amounts for withdrawals etc. On the other side, you have to be very cautious about order filling, there is less liquidity in decentralized exchanges.

[Ilmiyati]

Both are very good but for security maybe I prefer decentralized exchange, central exchange is too much intrigue and a number of times this year, the central exchange has experienced hackers attacks that are either real or not, but clearly investors' investment funds disappear

[ivaf]

I prefer a decentralized exchange. Largely due to the fact that they adhere to the basic principle of the cryptocurrency world - anonymity. And almost on all centralized exchanges I have to go through the KYC procedure.

[IgorShumilo]

Now decentralized exchanges are under attack from the SEC. Everyone read the news about IDEKS that they want to implement the KUS procedure. Also last week stopped the decentralized exchange Afelion, on the NEO blockchain. The creators of this exchange said they did not want to have problems with the SEC. I think such exchanges will have a lot of problems with regulators! If only their project team is anonymous for everyone.

[boyptc]

Hey pocketrocketscasino stop spamming the forum with that dinosaur link.