Best place to trade options and perpetuals futures. CEX OR DEX?

[Iamcrypticguy]

Hey mates! We've been discussing memes and NFTs lately, but it's time to explore altcoins/projects with real utilities, like a high-performance derivative DEX, you know?

In this space, most people use DEXs, while some prefer CEXs. Personally, I find a balance using both. During my research for a top DEX to meet my trading needs, especially for options and perpetuals, I stumbled upon Aevo. After some surface research, it looks exciting.

✅ Airdrops to communities
✅ Exchange listings: Binance/BitGet
✅ Surpassed $10B in options trading volume since inception
✅ The team is experienced, with backgrounds from companies like Coinbase, Goldman Sachs, and MIT.

I haven't used the platform yet, so I'm here, as usual, for your valued opinions. What do y'all think about Dex platform for options and perps trading

[SamReomo]

It's first time I'm hearing about Aevo but after searching about it on Google I found it to be a useful platform. I would still prefer to trade perpetual futures on centralized exchanges because as a trader I'm happy to trade on centralized exchanges. I also prefer decentralized exchanges in one way or other but for the purpose of trading I'm still happy with centralized exchanges like Binance and Bybit.

[Fivestar4everMVP]

I've never heard of Aevo by the way, but I have actually traded futures and perpetuals on chainge finance before the removed the feature, chainge finance is also Dex platform, a wallet acctually that offered both spot, futures and perpetuals trades, but of recent, they had to remove the futures/perpetual market leaving only the spot; for a major upgrade that is coming, according to the team behind the project.

With my experience trading futures on both Dex and Cex, I would honestly still prefer Cex at the moment since Dex still lacks a lot of liquidity and volume in this regards, Cex is better and provide more professional tools for easy market fundamental and technical analysis, there by providing more convenience and possibility to better profit chances.
So, I prefer Cex for now, until Dexs get more developed and advanced to meet the category of Cex.

[electronicash]

Aevo looks so busy, the platform looks very advance platorm to me.
it's unheard and it's gonna be difficult for the platform to get traders onboard due to trust. the only good thing i heard about it is that their token AEVO shoot to $4 also.

it seems promising actually since DEX doesn't ask for KYC. trading in futures however is not for me.

[Hamza2424]

Hey mates! We've been discussing memes and NFTs lately, but it's time to explore altcoins/projects with real utilities, like a high-performance derivative DEX, you know?

In this space, most people use DEXs, while some prefer CEXs. Personally, I find a balance using both. During my research for a top DEX to meet my trading needs, especially for options and perpetuals, I stumbled upon Aevo. After some surface research, it looks exciting.

Hmm, for the best one you need to choose according to your own requirements, if you need funds security and custody as well, you can choose the DEX and DEX these days are full of the features even some the features you can even enjoy in the top tier exchanges, but point to be nested that is DEX's are super expensive as well haha when it comes to the blockchain interaction every time you need to interact with the system and on-chain interactions costs a lot, which is a pro side on the CEX's that you don't need to pay network fees.

Also in the smart contract with new DEXs, there's a high possibility that the contract is not fully secure, even oldies can posses some of the vulnerabilities.

[Iamcrypticguy]

Aevo looks so busy, the platform looks very advance platorm to me.
it's unheard and it's gonna be difficult for the platform to get traders onboard due to trust. the only good thing i heard about it is that their token AEVO shoot to $4 also.

it seems promising actually since DEX doesn't ask for KYC. trading in futures however is not for me.

It's actually promising imo ... Backed by dragonfly, coinbase etc so that means they could have trust. And they've traded $10B in vol already. Price trend looks promising like you said. Caught my attention though ahah..

[batang_bitcoin]

Whichever you think is gonna work for you. If you're for these options and futures, cex is what's ideal for me but I don't think that I'll do these trades as I am a spot guy. I am using some of the dex but the same use as what I'm using with the cex, to trade in spot and buy some tokens that I'll just hold for a long time and then sell it off when I am in profit.

It's actually promising imo ... Backed by dragonfly, coinbase etc so that means they could have trust. And they've traded $10B in vol already. Price trend looks promising like you said. Caught my attention though ahah..

Honestly, anything that's launched during the bull run market is interesting not until the bear comes.

[Dr.Bitcoin_Strange]

I haven't used the platform yet, so I'm here, as usual, for your valued opinions. What do y'all think about Dex platform for options and perps trading

Futures trading mostly occurs on centralized exchanges; I am not aware of any DEX that is popularly used for futures trading apart from other popular CEX like Binance, Coinbase, etc. As for the Aevo platform, I only got to know about it today because of their token, which a friend of mine actually suggested I buy because it got listed on Binance and the MEXC exchange. I don't do altcoins for now unless there are some old and already existing altcoins, which I am still considering acquiring. I don't know much about the Aevo, but my friend who bought it today for $2.5 was able to sell it for $3.2. Perhaps the platform is not yet that popular, and I don't see anyone recommending it yet, so you have to use the CEX that people are familiar with and have recommended, I am by no way condemning the platform but like I said, I have  not used it and got to know about the project today.

[OcTradism]

CEX can provide you better trading volume, less price slip than DEX.

Risk of CEX is they do scam exit or just collapse like FTX exchange and you can lose your money stored on CEX.
Risk of DEX is liquidity, rug pull and price slippage.

Above all these factors, I am pessimistic about probability to beat the market with Option, Perpetual tradings.

Spot trading is king.

[mk4]

I'm just gonna summarize the pros:

CEX:

• Better liquidity
• Potentially less price spikes and liquidation cascades
• Better liveliness
• A bit less likely to get exploited compared to DEXs

DEX:

• Potential airdrops
• Non-custodial
• No need to deposit money to a custodial
• Less chance of fraud because codebase should be open-source

Totally up to you to weigh in the advantages/disadvantages.

[Tigerheart3026]

i am trading in cex because i can trade here with varieties of coins and cex is best place because of high liquidty and several trading pairs, but also in cex i see big risk because if exchange will hacked or exit scam, there are no possibility to back your dollars, dex is secure because private key is on your hand and you can use it without kyc.

[Zigabel]

Away from the security benefits of DEX I personally don't see a big difference between them both just that DEX has got this better security measures and checks which could at some point guarantee the safety of your assets but the flexibility of CEX still makes the top choice for most traders especially newbies who are still trying to find their feet around the trading industry because the flexibility helps them make the most out of trading with little to no hitches around and in the fact that they may be dealing with small volumes they may not really have much to fear.

If you are an expert trader especially with volumes I think it's safer and better you trade around the DEX for security reasons because if you don't have a good security measures around your assets you may stand a risk of loosing it and then it may never be something that you would want but then some CEX are actually doing good with their security in recent times and they could be trusted to an extent.

[Coin_trader]

Hey mates! We've been discussing memes and NFTs lately, but it's time to explore altcoins/projects with real utilities, like a high-performance derivative DEX, you know?

CEX is still far more advanced in terms of trading feature compared to DEX since it offers seamless trading experience on both spot and derivatives. DEX can’t beat CEX because it always relies on blockchain speed has delay compared centralized trading which every trade is done internally (off-chain).

DEX is good of you want a privacy and safe trading since you are just interacting with smart contracts and your token temporarily leave in your wallet unlike CEX that you meed to deposit long period just to make a trade.

There’s always a cons and pros for both type of exchange but CEX is surely the best when it comes to performance.

[MusaMohamed]

CEX is still far more advanced in terms of trading feature compared to DEX since it offers seamless trading experience on both spot and derivatives. DEX can’t beat CEX because it always relies on blockchain speed has delay compared centralized trading which every trade is done internally (off-chain).

Because on DEX, people will have to interact directly with blockchains, smart contracts, do on-chain transactions, it potentially causes delay of transactions, confirmations and can lead to expensive transaction fee too.

On CEX, users only have to deposit win an on-chain transaction, after that they can trade seamlessly without any on-chain interaction. On CEX, they can avoid price slippage that if they don't use DEX carefully, they can get big loss. On CEX, there is risk of Market price order type too.

There’s always a cons and pros for both type of exchange but CEX is surely the best when it comes to performance.

Pros and cons for both CEX and DEX, and fortunately we can use both CEX and DEX.

[Ben Barubal]

      Aevo I don't know this dex platform, you know when you're new in this field of crypto space it's a bit hard to trust that you'll be able to make money right away. It's not that there is no trust, but the risk is still quite high when that happens. So I would prefer to do centralized trading first when it comes to futures trading.

    I'm not going to risk my capital on a platform I'm not familiar with and have never heard of in the cryptocurrency industry. Although I peeked at his platform but I'm not comfortable yet.

[Iamcrypticguy]

Hey mates! We've been discussing memes and NFTs lately, but it's time to explore altcoins/projects with real utilities, like a high-performance derivative DEX, you know?

CEX is still far more advanced in terms of trading feature compared to DEX since it offers seamless trading experience on both spot and derivatives. DEX can’t beat CEX because it always relies on blockchain speed has delay compared centralized trading which every trade is done internally (off-chain).

DEX is good of you want a privacy and safe trading since you are just interacting with smart contracts and your token temporarily leave in your wallet unlike CEX that you meed to deposit long period just to make a trade.

There’s always a cons and pros for both type of exchange but CEX is surely the best when it comes to performance.

Thanks for this insight. It means I'll just stick to Bitget for perpetual futures then hold aevo token.. that's why I love this community, the insight is very is valid..

[shinratensei_]

I remembered when AEVO was doing the farm boost for those that trades on the platform they will get multiplier of volume of their trades those that are doing future trading with high leverage are earning big time with the airdrop not too long ago, but i noticed something that might be a massive turn off with AEVO if the platform is busy enough with a lot of trader as well as the market activity is going so fast the platform somehow become so sluggish and slow maybe its just on my end but the platform of aevo is hogging massive resources.

for convenience i can't lie that cex definitely excels in that category but then again rarely i see cex that gives back to the community for them as a company its all about profit generated from fees and so on.
meanwhile with DEX it will give back to community at some point so I guess trying trading derivatives on DEX might just be better, but sometime the fee is higher though.

[BD Technical]

If you want to trade you must save CEX and choose CEX because currently trading on DEX is not fun bro.  At present the situation is that not everyone can tate and earn because the train comes.  But in that case you have to treat.  You have to do the course because if you come to Bangladesh without completing the course, copy-treat, your profit potential is very low risk.  But in future I think if you can trade the risk is less because you can easily type a lot of expectations from the final.  However, the hope is that you choose Tate or you will be profitable if you take two trades in one train throughout the day, then your flood will not be more.  But I don't take that risk or edit it because outside the risk is high in that case you can do CEX it is better now.

[God bless u]

You've mentioned the opinion on three of them. First of all Aevo is for very experienced and skilled traders. It has many advanced options that are very difficult to be understandable by a newbie of even a medium level trader.so I'll only recommend it if you're a pro level trader with some exceptional skills.

Then comes the competition between CeX and DeX I personally prefer CeX because it has some very good user friendly interfaces. It has some very handy and advanced tools that can help you to get very good on trades. Dex is also a good option but if you compare these two I'll be more in favour of CeX over Dex.

[redsun114]

     Aevo I don't know this dex platform, you know when you're new in this field of crypto space it's a bit hard to trust that you'll be able to make money right away. It's not that there is no trust, but the risk is still quite high when that happens. So I would prefer to do centralized trading first when it comes to futures trading.

    I'm not going to risk my capital on a platform I'm not familiar with and have never heard of in the cryptocurrency industry. Although I peeked at his platform but I'm not comfortable yet.

There are two sides of being a newbie actually, and that is one believes on what they see easily, and the other is they are more careful to not do the same thing. As a newbie, we are still lacking of knowledge, so yeah that it will be hard for us to make money at first but it's okay and we should not be greedy to rush on that process by relying on so-called experts, as many can only fake it and the ones that will truly benefit there is them, not us.

When it comes to exchange types, I think there's more trusted CEX but the only downside is, they are centralized in which they can control our accounts easily if they want to. CEX or DEX, newbies aren't still advised to do futures trading immediately as its risk is a bit higher than a regular trading type.