Cryptocurrency trading platform

[Kelvinid]

I should choose into CEX over DEX, why? traders never just look into security matters coz we can make it on our own without fully relied on the exchanges platform. What we after are the liquidity and huge market volume which it courage more traders and investors to come, unlike the thing we saw in DEX.

But of course, we should look into the most reliable exchanges. Name is very important, people will choose a certain exchange either it is DEX or CEX as long as it can be trusted. The thing we need when it comes into trading is why we can make good profit from it because in general, hacking could be an issue but if we care enough and never keeps funds on the exchanges, we don't need to worry.

[AakZaki]

I think what AakZaki mean is the transaction since as far as I know when you do trades in some decentralized exchange, you need to pay a transaction fee to the network and the network will create a transaction for that trade of yours, and if the network got too high traffic, then for sure the transaction fee is kinda huge compare to some centralized exchange that is very low transaction fees.

true as GreatArkansas said. Trading using a decentralized exchange requires transaction fees to the network and the network will make the trade transactions for you. When network traffic is as dense as the Ethereum network is today, the process will take longer and the costs of trading will be greater. Just imagine, ethereum fees can reach $ 30 in one transaction. it's just crazy for one transaction.

[MCobian]

There have been lots of articles and topics review the best cryto trading platforms, and as you said in the opening post choosing cryto
trading is an important thing. Choosing the wrong trading platforms can be dangerous, because we can lose capital that we have. So
always choose trading platforms that are popular and trusted. For centralized trading platforms I usually use Binance, KuCoin and Okex.
As for the decentralized trading platforms I usually use Binance DEX and Nash.

[GhadaAlrubaie]

For me, I will always choose ProBit Exchange 
It's really got me comfortable which is not hard at all and so much easy and SAFE!! that's why I always choose it.
Also, you can check their two platforms, ProBit Global and ProBit Korea.

Probit Global: www.probit.com

Probit Korea: www.probit.kr
 

GOOD LUCK everyone!

[pokeronlinestatus]

I guess I am not the only one that was confused by that question you asked there. I’m going to answer by taking the question from different directions, so first of all if what you were trying to ask is whether there is any other such thing as decentralized exchange apart from crypto, then the answer is none, cryptocurrency is the only place where you will see decentralization, others are centralized. Then if your question is whether there is a better exchange than the one you mentioned that you’re using (Binance), then the answer is kind of yes and no, it all depends on what you’re looking for.

Every exchange has features that might be better than another, but mainly Binance and Coinbase seem to be taking the number one position.

[aria.newman]

Let's start in order.
Centralized exchanges are company-operated platforms that mediate the trading process.
Decentralized exchanges (DEX) are designed so that there is no third party intermediary between the parties to the transaction. The DEX does not make order matching against the order book, but directly brings together those traders who place buy and sell orders.
In order to decide which of these exchanges suits you best, you need to analyze the existing cryptocurrency exchanges, as well as read reviews. Here are also tools for comparing cryptocurrency exchanges, which clearly show the pros and mons of a particular exchange. There is one of these tools here, choose from the list those exchanges that interest you and get a visual comparison.

[cryptobubbles11]

I am trading on cointral.com. they have very useful platform and too many cryprocurrency pair.


https://cointral.com/

[Salauddin1994]

If you have any interest in trading or investing there is no denying that cryptocurrency trading is the most popular investment approach in the current market crypto-currencies such as bitcoin ethereum litecoin and possibly others have attracted investors so you can choose binance or Kucoin. Many reliable platforms for trading even if it is wrong easier to correct the negative effects later.

[traderethereum]

I prefer to choose a centralized exchange instead of a decentralized exchange, even if it needs me to fill KYC.
I have a bad experience with the decentralized exchange in the past, and I don't want to have another bad experience when I traded.
Binance is one of the best exchanges, but binance offers an option for their members to skip the KYC verification if they don't want.
But we need to have satisfied with 2 bitcoin limitation for the withdrawal.
But every person will have their option where they want to trade, whether in centralized exchanges or decentralized exchanges.

[bitcoinsvrocks]

Centralized exchanges are a thing from the past, they get hacked or the wallets go into maintenance for long time like Yobit,
The best is DEX like Uniswap or Sushiswap, connect your metamask wallet and exchange your coins, if your problem is that you want to trade BTC and is not possible with metamask then you need to know that there is WBTC Wrapped Bitcoin and holding or trading BTC is now possible on the Ethereum Blockchain.

[dimonstration]

I prefer to choose a centralized exchange instead of a decentralized exchange, even if it needs me to fill KYC.

I also prefer to do trade in centralized exchange as long as the support is actively responding into any queries, It’s better to have some support to contact with something happened unknowingly, As long as the coin Im trading is available in Binance or Kucoin I will just use that with other exchange Im familiar with. I only try to use decentralized exchange sometimes but more often with decentralized exchanged.

[azmirihaque]

Cryptocurrency trading is the most popular investment method in the current market. There are many trading platforms for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them I trade Binance trading platform, Binance is currently one of the best centralized trading platforms for cryptocurrency trading,
For example, the centralized trading platform is Binance, Kucoin
And decentralized trading platforms are Nash, Ether Delta, Binance DEX, Idex
Now I want to know which decentralized trading platform is better than Cryptocurrency trading platform or decentralized trading platform, which means which centralized and decentralized trading platform can be more secure.

I am as same as you. Binance is my first trading platform. I make trade in this platform from my joining in crypto trading. At present, I also like to make trade in KuCoin trading platform. There are some the other platforms which are popular for trading but these two platforms are the best to me.

[barbara44]

When it comes to which ones are actually the best, I would say that the best is what you’re going to find in centralized exchanges because they seem to be putting in extra effort in making things good for their users and they always have all these interfaces that looks more better and easy to understand than the DEX.

Decentralized exchanges are also doing great and if you take your time to go through them you will get to like them as well. As for good DEX exchanges to make use of, Bisq is a popular decentralized exchange, and another one is Binance DEX. Lastly you should check out 0x Protocol.

[justdimin]

Honestly CEX and DEX provides different stuff if you ask me. Usually Cex provides you with a place to trade all the known regular coins that we have been trading for years, that is not something lacking in DEX because they do have that too but the volume is not comparable at all, binance and all that has a huuuuuge difference between DEX ones.

However DEX also offers new stuff, from coins to tokens to everything they have something new and that is why they are so valuable, which is why I believe they are quite important. Not saying they should be better or worse, both of them serve different stuff and whatever you need you can go with them. However I do not believe they compete with each other, they are not trying to get the same customer to begin with.

[altcoinMaxi]

Cryptocurrency trading is the most popular investment method in the current market. There are many trading platforms for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them I trade Binance trading platform, Binance is currently one of the best centralized trading platforms for cryptocurrency trading,
For example, the centralized trading platform is Binance, Kucoin
And decentralized trading platforms are Nash, Ether Delta, Binance DEX, Idex
Now I want to know which decentralized trading platform is better than Cryptocurrency trading platform or decentralized trading platform, which means which centralized and decentralized trading platform can be more secure.

I think best is to check out some solid ranking site and go with the most liquid and solid one. Maybe that helps: https://liquidary.com/exchanges/

[Emitdama]

The question is you "want to learn which decentralized trading platform is better than cryptocurrency trading platform or decentralized trading platform" I mean the question in itself is wrong already, there is really nothing to answer. How could a decentralized trading platform be better than decentralized trading platform, they are literally same words there, they are the same thing, there is no better than itself thing out there? You already named the decentralized trading platforms that are good, binance Dex is pretty good, go with that? I mean you can't just expect people to understand the question when you ask for the same thing. You basically said "A has B and C, X also has Y and Z so which X is better than A or X?" Which makes no sense as you can see from that analogy.

[jiellenw]

You're absolutely right: cryptocurrency trading is still popular. And I think it will be popular for many more years. And to make it more interesting, I'm trying a new platform. Now I'm using Changelly Pro to find out all the pros and cons of this exchange.

[jostorres]

There have been lots of articles and topics review the best cryto trading platforms, and as you said in the opening post choosing cryto
trading is an important thing. Choosing the wrong trading platforms can be dangerous, because we can lose capital that we have. So
always choose trading platforms that are popular and trusted. For centralized trading platforms I usually use Binance, KuCoin and Okex.
As for the decentralized trading platforms I usually use Binance DEX and Nash.

Yes, Binance is pretty good and offers almost all options other exchange offer too, but an exchange I would maybe recommend is crypto.com as they have been doing pretty good lately and while I have not traded there but I have heard from friends that they are pretty cool and they also have their own coin that ranks high in the coinmarketcap values so maybe worth trying.

I have not used decentralized exchanges yet but there would be more fees associated I believe and I am not sure how that markets works because if there is no centralization how do they manage orders for buy/sell and how to withdrawals and deposits works? Sounds exciting but my theory says don't fix something that is not broken so I don't see a reason to switch from Binance.

[LUCKMCFLY]

Well, for me the best thing is DEX, especially for what they lack in requesting information from the Exchange, KYC among others, but I recommend the service of centralized exchanges, especially Binance, they are very responsible when requesting support before any problem.

[target]

There are several that trade could trust binance was the most since it has the most volume and you can buy with the cheapest fee regardless of how big the amount you are trading. When you try it on Uniswap you'd be spending an amount upon buying tokens worth 10ETH. Although Uniswap is a DEX, its a good exchange but will prefer to see the order book like the dydx.