Salauddin1994
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Activity: 868
Merit: 15
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October 01, 2020, 03:10:46 AM |
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There are many differences between bw normal exchange trading and defi x trading usually decentralized and in secrecy of currency transactions as traders started buying and selling all available financial instruments such as cfd currencies or indicators but benefited by bw normal exchanged rading centralized government alternative business requires you to develop all the skills you need. As a successful trader of options you have to spend hours reading and learning analyzing charts implementing various strategies it is also important to include adequate financial and emotional management.
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justdimin
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October 01, 2020, 02:35:45 PM |
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whats the difference b/w normal exch trading & defi exch trading ??
DEX is not really tricking anyone by calling it something else, there are tons of places that is owned by basically one team but they do it in a way that everyone who holds that specific dex token is an owner in a sense but when the team owns like %70 of it, doesn't really matter, plus we do not know if they bought even more. Basically it is exactly the same thing as CEX but for some reason they just make it look like it is not controlled. If an exchange can change even the design, that means it is controlled and I do not trust them. CEX is better because they say they own it and they do their best to make it work as well, binance for example is a great place and they tell you they own it but also they do their best to be the best exchange out in the world at the same time.
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MCobian
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October 02, 2020, 12:11:07 PM |
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Actually DeFi exchanges are not much different from DEX, maybe there are slight differences in trading features. But when compared to CEX, it is of course better to trade on DeFi exchanges. Since DeFi exchanges are not government controlled, has a and better security system than CEX. So trading on DeFi exchanges is not easy to hack, unlike CEX which is often hacked. Unfortunately DeFi exchanges do not have high liquidity and can only trade in crypto. Therefore many traders prefer trading on normal exchanges, because they offer crypto-fiat trading.
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Drahzar
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November 10, 2020, 01:23:38 PM |
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With centralized exchange, users trust the people behind a business to manage funds and execute on services. With defi, users trust that the technology will function to execute on services being offered. defi exchanges are young, but volumes inspiring a lot! so truly to say, defi exchanges will lead the market in nearest future..
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tuchenvi
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November 25, 2020, 07:29:04 PM |
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With centralized exchange, users trust the people behind a business to manage funds and execute on services. With defi, users trust that the technology will function to execute on services being offered. defi exchanges are young, but volumes inspiring a lot! so truly to say, defi exchanges will lead the market in nearest future..
yes, agree with you, - strongly believe in defi exchanges. and besides, just read about xsigma dex, based on Curve - interesting concept, heard about it ?
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CaVO32
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November 25, 2020, 10:54:04 PM |
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With centralized exchange, users trust the people behind a business to manage funds and execute on services. With defi, users trust that the technology will function to execute on services being offered. defi exchanges are young, but volumes inspiring a lot! so truly to say, defi exchanges will lead the market in nearest future..
This is yet to be seen, if indeed DeFi exchanges will dominate the market. There are pros and cons between using DeFi and Centralized exchanges, now it is up to the user's preference how he will use both. But I believe, the existence of both platforms is necessary to have healthy crypto trading market. And right now, a lot of traders are still in preference of centralized exchanges, for one, because of the liquidity of most alts.
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Indiana1990
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November 26, 2020, 01:31:27 AM |
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With centralized exchange, users trust the people behind a business to manage funds and execute on services. With defi, users trust that the technology will function to execute on services being offered. defi exchanges are young, but volumes inspiring a lot! so truly to say, defi exchanges will lead the market in nearest future..
yes, agree with you, - strongly believe in defi exchanges. and besides, just read about xsigma dex, based on Curve - interesting concept, heard about it ? not really, is it stablecoin exchange? not much info about them for now
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Innerpumper
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November 26, 2020, 02:16:47 AM |
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Spot exchanges normally have exchanges that show bids and offers and have transactions on a p2p and we can determine the selling or buying price at our own.
DeFi exchange is usually an AMM exchange where all price trades are regulated by the system itself the purchase price as well as the selling price. You can only buy and sell instantly (can't put the price all you want).
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BuNga_cute
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November 26, 2020, 02:47:39 AM |
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DeFi exchanges are quite popular nowadays, because since DeFi trend this year, many people have become interested in trading on DeFi exchanges. The advantage of DeFi exchanges that most people love is that there is no need for KYC verification, so those who wanting anonymous trading can use DeFi exchanges. Then for normal exchanges or better known as centralized exchanges, has a complete trading feature and can easily cashout to bank accounts. So actually these two exchanges complement each other.
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sana54210
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November 30, 2020, 02:38:16 PM |
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Honestly on the big ones there is not that much difference. I understand that some people may find some problems with it but in reality we are talking about something so small and tiny and I do not find it that bad when you are dealing with defi exchanges.
Like sure uniswap is not as big as binance or coinbase most of the time but if we are talking about big pairs like usdt to ether or whatever, we are surely talking about basically the same thing and that is awesome because you are using a decentralized, no company type of exchange and you are moving one to another directly from wallet to wallet which is nearly impossible and definitely worths a lot. The only part where centralized exchanges could win would be with small tiny pairs because it is not really easy to trade those in dex.
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tuchenvi
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Activity: 154
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November 30, 2020, 10:33:44 PM |
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With centralized exchange, users trust the people behind a business to manage funds and execute on services. With defi, users trust that the technology will function to execute on services being offered. defi exchanges are young, but volumes inspiring a lot! so truly to say, defi exchanges will lead the market in nearest future..
yes, agree with you, - strongly believe in defi exchanges. and besides, just read about xsigma dex, based on Curve - interesting concept, heard about it ? not really, is it stablecoin exchange? not much info about them for now https://www.nasdaq.com/press-release/zk-internationals-subsidiary-xsigma-corporation-launches-its-blockchain-defi-protocol - here's a link on press release i read about them
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