Decentralized vs centralized cryptocurrency exchanges, which one is better?

[Yasya]

SOUTH-KOREAN PROBIT CRYPTOORGE HOLDS IEO FOR FIVE SECONDS

In South Korea, the ProBit cryptocurrency exchange conducted the IEO of the LINIX project in five seconds. At the same time, investors bought all LINIX project tokens (2,625,000 LNX) at a price of $ 0.02.

The cryptocurrency exchange also announced the second stage of a tokensale, during which the organizers planned to sell 5,500,000 LNX at the same price.

[Yasya]

Former head of Mt.Gox Mark Karpeles sentenced to 2.5 years in prison

On March 15, 2019 the Tokyo District Court declared guilty of falsification of the statements of Mark Karpeles, the former CEO of the closed Mt.Gox exchange.

His trial began in July 2017. Interestingly, he was not accused of concealing income. He had to go to jail for 2.5 years, instead of the previous decision, in which he received 4 years in prison. However, according to a new court decision, Karpeles is set free, with a suspended sentence.

[jan.nicolas]

It becomes incomprehensible to me why many people begin to forget the whole meaning of cryptocurrency and the whole idea of ​​decentralization. I think that today many people should understand that it is the decentralization that should attract people and that it should be rewarded today.

[Yasya]

If you are interested in starting the cryptocurrency exchange business, we are ready to help!

You can write to me here or in the telegram @YasyaICO

[go4crypto]

While decentralized exchanges are better for the safety of your coins, centralized exchanges are lot easier to use and have much lower trading fees. You could use both.

[Emmy92]

Both offers different types of experience to users. Centralized exchanges offers a user-friendly interface which makes trading easy while decentralized exchanges offers optimum securtiy of users funds. But for me, I will go for decentralized exchanges any time any day.

[Impaler]

I always prefer decentralised exchange over centralised one. Cause I don't like to give the access of my wallet to other exchange. That's why I like decentralised one. But there is a lots of problem in decentralised exchange the main problem is volume. In most of the coins there is almost no volume. The txn  rate is also very low. So may be I like decentralised one but everyone have to use centralised cause there is less scam, more volume easy to take care of first fund.

[aemma]

The truth is funds security matters a lot and can't be traded for anything, this is the main reason why I always prefer decentralized exchanges as it gives me the feeling that I am safe and secured while trading.

[mv1986]

The truth is funds security matters a lot and can't be traded for anything, this is the main reason why I always prefer decentralized exchanges as it gives me the feeling that I am safe and secured while trading.

If you put in the required effort to keep your funds safe on your own then yes, but if you aren't well equipped with security knowledge yourself centralized exchanges with regulation are fine.

[levvv]

I prefer centralized exchange because it is faster than decentralized exchange.
But the disadvantage of centralized exchange is, your coins are stored in exchange wallet, not your own wallet.
The best security for storing your coins is by using your own wallet. So, i just using exchange wallet only for buying or selling.

[george_hured]

To answer this question, you and I need to understand that history has already shown us the use of centralization in human history. I see that now there are real opportunities for the use of decentralization. I see that there are a number of people who accept this, but there are very few of us.

[mv1986]

I prefer centralized exchange because it is faster than decentralized exchange.
But the disadvantage of centralized exchange is, your coins are stored in exchange wallet, not your own wallet.
The best security for storing your coins is by using your own wallet. So, i just using exchange wallet only for buying or selling.

That's what people say who never lost funds on a centralized exchange. Once that happens to you you will see the importance of having both possibilities for trading.

[Yasya]

KUCOIN CRYPTOCURRENCY EXCHANGE ANNOUNCED CONDUCTING THE FIRST IEO ON ITS OWN KUCOIN SPOTLIGHT PLATFORM

Representatives of KuCoin cryptocurrency exchange shared information regarding the first IEO on their KuCoin Spotlight platform.

While the exchange has not published the details of the upcoming crowdsale. As previously reported, the distribution of tokens will be conducted in the order of receipt of applications from verified users. The sale will be carried out for its own digital currency exchange KCS.

[Frequency]

DEX being slow will soon be history with nash.io going live for public somewere June or July and add BTC pairs Q4 2019
Now think about Nash’s value proposition in relation to these CEX exchanges:

Regulatory Complians Check
Performans                Check
Secure non custodian Check
Fiat on/off ramps       Check
International             Check

BETA launch on 31 March so Open your NASH account its by invite only:

https://nash.io/referrals?code=kukTp3

[Yasya]

OKEx cryptocurrency exchange will launch a decentralized trading platform on the OKCHain blockchain

Currently, the OKChain blockchain is in the final stages of development. According to the company, the launch of the test network is scheduled for June this year. After the network becomes stable enough, OKB’s own token will be transferred to it, which will later be used to pay commissions, as well as in its own decentralized network applications.

However, the most important purpose of OKChain is to launch the OKDEx decentralized exchange, on which pre-sales will be created using the OKB token.

[Iyeman]

The truth is funds security matters a lot and can't be traded for anything, this is the main reason why I always prefer decentralized exchanges as it gives me the feeling that I am safe and secured while trading.

If you put in the required effort to keep your funds safe on your own then yes, but if you aren't well equipped with security knowledge yourself centralized exchanges with regulation are fine.

It does not give you a lot of guarantee about how many exchange sites have called themselves as regulated exchange site but when they got hacked and they never try to pay back the users money. cryptopia is an example about how bad it is.

[Uju4real]

For me decentralized is it, I like my anonymity a great but the issue is that most people find using the decentralized confusing and at such most losses their coins

[Yasya]

Kraken creates a division to ensure the security of a cryptocurrency ecosystem

In the light of various incidents with the hacking of trading platforms and other services, Kraken intends to take a series of measures aimed at improving the security of its product and the cryptocurrency ecosystem as a whole.

As a primary measure to increase security, Kraken introduced mandatory two-factor authentication for the accounts of all its users. The option has been available since September 2013, but until recently it was activated voluntarily.

The Kraken Security Labs division will be formed on the basis of the exchange, whose task will be to increase the security of the entire cryptocurrency ecosystem by checking the vulnerability of third-party products, such as hardware, software wallets, etc.

[Yasya]

Huobi unveiled the statistics of the first IEO on the Huobi Prime platform

The Huobi cryptocurrency exchange shared some statistical data regarding the IEO of the TOP Network project on its Huobi Prime platform.

In total, 3,764 users could take part in the campaign, sharing between themselves 1.5 billion TOP tokens during three sales rounds, the first of which ended in 7 seconds, the second - in 5, the third - in 7. In total, about 130 000 people tried to acquire tokens.

[Cellerex]

I think it's hard to say which kind of exchanges is better. For decentralized exchanges, a plus is their reliability and security, and for centralized exchanges, a plus is speed and convenience. I think that in the future a direct exchange of cryptocurrencies will be made through the gateway, and not through exchanges as it is now. But it will not be soon. In the meantime, I advise everyone not to waste time and invest in promising coins such as Tera Smart Money or Sound Money Coin!