Centralized Exchange And Decentralized Exchange

[fullhdpixel]

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.

He just said that dex has a lesser function than in cex so how come it requires more operation? But, techniques can always be applied on both type of exchanges if we want to make the most out of our trades. When it comes to convenience and speed I think dex can also win because there are dexes like pancakeswap which users or devs can provide a liquidity for faster trading process. Sign up aren't also needed on them.

Another good thing about dexes is they have lesser minimum limits and then you don't need to pay for the withdrawal fees anymore because the coins are already on your wallet once you are done trading them.

[Xal0lex]

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?

On centralized platforms, because there is more regulation and a smaller percentage of various overvalued scams. On decentralized platforms, it is easier to promote various dubious projects, which were originally conceived as just making money on the audience. There you can launch a project anonymously, there is minimum control by services and more opportunities for various exploits, as decentralized platforms are based on the interaction with smart contracts. In addition, centralized platforms have better liquidity and audience.

[|MINER|]

If you talk about cryptocurrency's real purposes, I would say it is fully protected in decentralized exchange. Because here users don't have to do any KYC verification for depositing and withdrawing or trading.
On the other hand, Centralize Exchange requires KYC verification for trading, deposit, withdrawal, etc., by doing this, I think there is a question created about the data security of users. But centralized exchangers are ahead for low trading fees.
But I think, both exchangers are needed as per requirement. But I think Decentralized Exchange will be ahead in terms of security, self fund control etc.

[Master of Shitcoins]

If you have a token, it would be great to list it on a decentralized exchange platform beause it is easy for swap.
For example, Ethereum tokens can be listed at UniSwap or SushiSwap for very easy access and safe swaps.

If you have a coin, you need to offer it at a good cryptocurrency exchange, like KuCoin or similar.

[tvplus006]

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.

Decentralized exchanges make it possible to buy coins at a low price. And when such a coin receives a listing on CEX, its price can increase several times, which gives the trader a good profit. But in any case, you need to spend DYOR, since there are really a lot of scams on DEX.

[BIT-BENDER]

Well it Depends I would say many Developers and Team of project would love their project get listed on centralized exchange, these exchanges has larger risk because they have already compromised some of the core values of crypto-currency, such exchanges does have much government restrictions and Devs would not have to worry. But in terms of an investor I would say Decentralized exchange, such exchange protects the privacy and security of the investor’s and they can perform anonymous transactions.

[Mame89]

there are many good CEXs and are considered to be the most potential and vice versa, DEX is like that, uniswap for example the ethereum network is the number one best network with the quality of registered tokens now 80% good, it is rare for scammers to do it because the erc20 transaction container is quite expensive. unlike the case with DEX with low fees, scammers know where investors prefer the right field regardless of big or small investors. and CEX is relative to everyone who knows how to choose the best, because he knows the advantages and disadvantages of each

[South Park]

Well it Depends I would say many Developers and Team of project would love their project get listed on centralized exchange, these exchanges has larger risk because they have already compromised some of the core values of crypto-currency, such exchanges does have much government restrictions and Devs would not have to worry. But in terms of an investor I would say Decentralized exchange, such exchange protects the privacy and security of the investor’s and they can perform anonymous transactions.

Both have their pros and cons, for developers there is little doubt that trying to get their token listed in as many exchanges as it is possible is the best route for them regardless of whether the exchange is centralized or decentralized, for investors everything will depend on their needs, if they do not mind sacrificing their privacy then centralized exchanges are the best, but if anonymity is important for them then using a decentralized exchange is almost a must right now.

[cryptobadshah]

Since the blockchain technology behind cryptocurrencies is used to run the most important parts of decentralised exchanges, customers have more control over their money when trading on these platforms instead of on centralised ones.
It is possible to trade coins the CEX and DEX but the methods are very different in contrast to cexes dexes rely on smart contracts carry out their trades rather than a central authority.
Decentralized exchanges don't control the data son no one not even the government may demand it from the developer.

[$anounimus$]

Yes, There are two types of exchanges available to crypto developers namely centralized exchanges and decentralized exchanges. Each type has its benefits, but centralized exchanges are more popular with investors.

Centralized exchanges typically charge much higher fees than decentralized exchanges, but offer increased liquidity. Decentralized exchanges give users the ability to trade cryptocurrencies directly with each other. Decentralized exchanges are free to register, but have lower liquidity than centralized exchanges.

In the near term, we can expect to see a push towards decentralized platforms as investors increasingly want enhanced security features over ease of use. Now. The choice is in the hands of each one who wants to use what kind of investment and trade.