Centralized Exchange And Decentralized Exchange

[jeha2015]

at the end of the day, everyone gonna use the centralized exchange since that's where the volumes are. the new coins are using dex because that's the only thing that's easy to get listed since these new coins usually have low volume.
but if they have the chance to get in the centralized exchange they'd definitely take the chance since most of the traders are there, and that's where the big trading volumes are.

adoption will push us to use centralizes exchanges, we could not avoid it anymore in future. Soon or later this is the place we will convert or crypto into fiat and vice versa. There is no bad thing from centralized exchanges as long as they could give us guarantee our money back when hacking case happen again. Decentralized exchange will loss its rules when most government issue their policy about crypto market.

[X-ray]

You can try to list on both if you can. It's better starting from the decentralized exchange site as this will not charge you any money and then you can go to the centralized exchange site. I know that some people may have bad concern about both but to be honest i rarely heard that problem happened with centralized exchange site rather than decentralized exchange site. That will give benefit for both investors and developers. How crowded your pair will depend on so many factors.
It's also difficult to get huge volume in cex as well. It's better if you are trying with the dex first rather than cex. Any exchange platforms have benefit for the developers and investors as long as the developers can be trusted.

[antsam]

For me personally both are good, because Centralized Exchange And Decentralized Exchange complement each other. It depends on our purpose for using it. Centralized Exchange more features provided which is advantageous for us

[makishart]

It's better if you are going to the centralized exchange site first and know how market works. You shall not rush to go to the decentralized exchange site. I think that going to the cex was good as long as this cex is a big cex. Listed in a small cex for the first listing is not an appropriate choice caused by so many projects have been experienced the worst thing like zero volume nor getting scammed by the exchange site itself. You must be careful with it.

[posi]

As a user, I prefer decentralized exchanges, but decentralized exchanges will not be easy for you to constantly generate volume. Your wallet movements can give you away. You can't washtrade. But you will not have such problems in centralized exchanges. You can easily do any kind of backdoor job. To reiterate, I as a user prefer decentralized exchanges...

Decentralized exchanges give you more freedom. You own keys of your coins but with decentralized exchanges, scams are more common with rug pulls. Scam teams can raise funds, add liquidity on DEX, and after they sell their team token, they make rug pulls to exit. You can not find them and your token will have zero value after a rug pull.

For centralized exchanges, you can have better trading volume and less risk of rug pull. However, one of worst things on centralized exchanges is you don't own keys of your coin. If a CEX exits, you lose your coin too.

DEX: rug pull.
CEX: scam exit.

And on CEX, you might lose your personal documents from KYC too.

No one is perfect here, both have their advantages and disadvantages, and neither is perfect in every aspect. In the end, it's up to each investor's choice.

If you like fast, simple, then CEX is the choice, if you like anonymity, and don't want to give your assets to others to hold, then DEX is the choice.

All come with risks and it's up to your needs to make the right choice. I always use both.

[jrrsparkles]

Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?

To list then decentralized exchanges are the easiest one because literally you no need to go through any process and fees but to list a project in centralized exchange then you need to meet lot of criteria and have to wait along with huge listing fee so its either one or another.

[Pandu Geddon]

Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?

To list then decentralized exchanges are the easiest one because literally you no need to go through any process and fees but to list a project in centralized exchange then you need to meet lot of criteria and have to wait along with huge listing fee so its either one or another.

some Cex exchanges have rules that will indeed prevent all new tokens from being listed. this is good so as not to make shitcoins or scam tokens easily registered and traded on the CEX exchange.
even though the DEX exchange is easier to access, I don't think we have any control over seeing so many scam tokens there. even tokens that are suddenly in our wallets can also be traded on the DEX exchange. this is risky for new users.

[sayaya17]

Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?

Centralized exchange and Decentralized exchange have advantages and disadvantages. So it depends on us as users, I think both are needed
in the crypto world. For developers, it seems that a decentralized exchange is more appropriate, because high listing fees are not applied.
So it's easier for developers to register new projects on decentralized exchanges. Then for investors or traders, it seems that centralized exchanges
are much better, because there are many choices of quality projects. And usually have low trading fees and high liquidity, so daily trading on
centralized exchanges is much more profitable. For now I am more comfortable using centralized exchanges than decentralized exchanges.

[RussianEnglishTranslation]

Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?

You need both but when picking a DEX or CEX you need to make sure it isn't a scam. Also, if you list on a DEX, you will likely need to add a lot of liquidity for traders, which will require an ICO. If you list on a CEX you will need to pay a listing fee of up to 1 million dollars, which will require an ICO. These days, unfortunately, if you want your project to succeed, you need to run a scammy ICO to bribe the exchanges. This is why I am bullish on order book based DEXs like Saturn and Trade Spin. Order book based DEXs without listing fees would be a great boon to independent trustworthy projects like 0xMR that don't want to take funds from the public and didn't hold an ICO. NEAR protocol has an order book based DEX and I think there are some on Polygon and zkSync too. DeFi should launch on ICP later this year and I anticipate they will launch an order book based DEX there as well. Only fast scalable chains are capable of running order book based DEXs and that's why you don't see them anymore on Ethereum.

[justdimin]

Centralized exchange and Decentralized exchange have advantages and disadvantages. So it depends on us as users, I think both are needed in the crypto world. For developers, it seems that a decentralized exchange is more appropriate, because high listing fees are not applied.
So it's easier for developers to register new projects on decentralized exchanges. Then for investors or traders, it seems that centralized exchanges are much better, because there are many choices of quality projects. And usually have low trading fees and high liquidity, so daily trading on centralized exchanges is much more profitable. For now I am more comfortable using centralized exchanges than decentralized exchanges.

The part that says we need both of them are the only thing that matters here. Both have their ups and downs like you said, which means that if we end up not caring about the results of just one, then we are going to be stuck with the other. So, it is better to focus on the thing we already have which is best of both worlds.

If you need to use a DEX then use one, and if you need to use CEX then use one and it will help you out in the long run to go on like that. I use metamask and pancakeswap and uniswap along with how I use coinbase and binance all at the same time and have money in all of them. Because, what I need at that moment matters to me and it could be different stuff.

[inanilujimi]

Projects that are still developing, it's a good idea to register with both of them, although they don't have to be listed in a large CEX, at least investors believe that the project is serious about the project, because if it's only listed on the dex, the volume and investor confidence will decrease because many projects fail in the middle of the road.

[samcrypto]

Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?

Some project can perfectly work in both option, but if you want to focus in one exchange only then you have to choose what's the best for the platform depends on the services you are offering. Both have their own pros and cons. Actually investors doesn't focus on the exchanges itself, they focus more on the service you are going to offer because investors know how to diversify, if a good token is listed on DEX, then they will buy that and if the one is listed on the CEX, they will also buy that because its the trend and they see true potential on that project. So better to focus on the project itself, have a good way to introduce that project in the market and for sure whatever exchanges you are going to list, you can still get investors to trust the project.

[S A KHAIR]

Decentralised exchanges are only at the beginning of their development, so they are still less convenient than centralised exchanges. Many functions have not yet been done on the DEX, such as margin trading. There are also problems with liquidity and exchanges between different blockchains. That is why most use CEX. Until the same features are done on DEX as on CEX, it will be less popular.

Using a decentralized exchange requires more operations and techniques than a centralized exchange, in addition, the issue of transaction fees is also a big problem with today's DEXs.
CEX exchange is still much more convenient and fast, you can buy and sell most tokens in the market with a few simple steps, not as complicated as individual DEX exchanges for each blockchain network.

[evichi]

Both CEX and DEX are currently important in the crypto space. It all depends on the project owner and investor. Basically, traders and investors look at Security, Cost and Profitability when handling their assets, so numerous factors come into play. In terms of trading, I consider CEX to be easier to use, though you have to take note of the withdrawal fees. However, assets held on CEX are not safe because you don't have access to the private keys, so you may loose your funds if the CEX platform folds up. For, DEX your assets are with you so you decide what happens to it, when connected to the DEX platform. You have to ensure the keys to your wallet is well kept. However, these days, you have to make sure you are interacting with the right token as well as the right DEX, since there are making fake tokens these days (https://research.checkpoint.com/2022/scammers-are-creating-new-fraudulent-crypto-tokens-and-misconfiguring-smart-contracts-to-steal-funds/). It is important to deal with poplar DEX platforms (ensure you check the correct website) like; Pancakeswap, Uniswap, etc.

Listing coins/tokens on popular CEX platforms are ways to popularize and assert the importance of the coin/token. I will prefer to invest in tokens that are listed in popular CEX like Binance - because they probably have further researched the token/coin. But not a guarantee as we have witnessed in the LUNA/UST case.

[Jackl87]

Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?

I think there was a huge change regarding new crypto projects and their availability after launch. I still remember back in 2018 and 2019 and before of course, that new crypto projects had to pay really big amounts of money in order to get listed on "good" exchanges like Binance, Huobi, Kucoin and so on. So those big exchanges really had a lot of power back in the day. Once the whole Defi trend started and the first real Dexes like Uniswap and pancakeswap were created this all changed. Now all that a new projects needs to do is provide liquidity for their trading pair so they "only" need to have a reasonable amount of stable coins or ETH or BNB to pair it with their native token in order to be listed.

[smartaction]

Decentralized Exchange  is safe for every one and it can be use without kyc verification and trade largest amount within any worried. but if we going to use Centralized Exchange then must of the Exchange ask kyc documents for deposit and withdraw big amount. so i like Decentralized  Exchange every time

[Tessyb]

Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?

I'm not a developer and don't know what developers are looking out for. But for investors I'll go with CEX. Though CEX could have a high listing fee but when a project is listed on a good centralised exchange, the liquidity tends to increase and trading fees are cheaper and investors would have the opportunity to earn more from the project.

[Dr.Osh]

both types of exchanges have advantages and disadvantages, however, I think in terms of profit, people will most likely choose CEX, moreover nowadays popular CEX like binance, or kucoin can bring a coin to the attention, and increase its price high. things like that will have no effect if the coin is only listed on the DEX. however, personally, I use both. I think DEX tends to be easier to use and simpler. it all depends on your needs.

[Miaallen]

Being listed on worthy Centralised exchanges is far and far better than being on all decentralized exchanges. People believe liquidity can be removed from decentralized exchanges at anytime or the price be manipulated on it to attract investors and then dump on the investors. And DEX gives chances to most of the scam projects to get listed and rugpull or dump on the investors and that is almost not possible on CEX.

[goaldigger]

both types of exchanges have advantages and disadvantages, however, I think in terms of profit, people will most likely choose CEX, moreover nowadays popular CEX like binance, or kucoin can bring a coin to the attention, and increase its price high. things like that will have no effect if the coin is only listed on the DEX. however, personally, I use both. I think DEX tends to be easier to use and simpler. it all depends on your needs.

The developer should asses their own project on where to get listed and where they think they can get investors since it will still depend on what services they are going to offer and if the token have a real utility in this market. Many will choose CEX here since there’s a lot of good projects already listed on top exchange and in DEX you can see a lot of fake projects which scams a lot of investors. Get listed based on the project itself, its easy to get listed now.