Decentralized or centralized?

[Lubruselu 2803]

What's are the differences between of centralized and decentralized exchanges platforms.

Also which exchange do you guys are recommended to traders to use decentralized or centralized?.

[sdsonjoy50 886]

Decentralized One of the many Exchange sites, many of them are IDex (etc) Exchange site.

Centralized has many Exchange sites, one of which is the Kucoin & Yobit (etc) Exchange site.

I'm always recommend Centralized exchange site.      

[soupster 239]

7 hours ago, Lubruselu said:

What's are the differences between of centralized and decentralized exchanges platforms.

Also which exchange do you guys are recommended to traders to use decentralized or centralized?.

Centralized exchanges are controlled by one or more people who have access to all your funds and the basically run the whole exchange. While decentralised exchanges doesnt have anyone eho controls them they use blockchain system to work. Best Dex would be Binance dex while best centralised ex would be Binance again for me :D.

[fuer44 1083]

I personally prefer decentralization because we feel free there because it is not focused on anything. do you guys think the same with me?

[Naga 1250]

1 hour ago, fuer44 said:

I personally prefer decentralization because we feel free there because it is not focused on anything. do you guys think the same with me?

Yea I definitely agree with that because crypro was  always meant to be decentralised and focus more on privacy which is why I hate now we see only centralised exchanges and they always ask for kyc so privacy is gone as well.

[Afrizal rahman 2636]

In my opinion, decentralized is binance, etherdelta. and centralized ones are binance and yobit. I think this only apologizes if it's wrong.

[fuer44 1083]

5 hours ago, Naga said:

Yea I definitely agree with that because crypro was  always meant to be decentralised and focus more on privacy which is why I hate now we see only centralised exchanges and they always ask for kyc so privacy is gone as well.

I also think why kyc is important? even though there is no significant effect because before or after kcy, there were no significant changes. Want to get rid of scammers or spammers? in fact right now it is still hanging around. to be honest i like the old crypto.

[Lubruselu 2803]

16 hours ago, soupster said:

Centralized exchanges are controlled by one or more people who have access to all your funds and the basically run the whole exchange. While decentralised exchanges doesnt have anyone eho controls them they use blockchain system to work. Best Dex would be Binance dex while best centralised ex would be Binance again for me :D.

Hah OK I understand so what's I just understanding here centralized exchange has mostly trust worthy than decentralized exchange that's why they be able to manage our funds right!

[Bitcrypto 87]

On 12/6/2019 at 5:01 PM, Wish107.5 said:

For Decentralized or DEX

Binance Dex

Forkdelta

Etherdelta

Idex 

Bancor

 

For Centralized or CEX

Binance 

Kucoin 

Yobit 

 

Or go to coinmarket cap

Yaps, that's the exchange that I like and trust. so do not hesitate with the pertukan you call, the exchange has a good reputation and a large volume. but for etherdelta I rather dislike, because hacking often used to occur, so I moved to forkdelta and that too was not much different.

[Migo 7946]

On 12/6/2019 at 11:01 AM, Wish107.5 said:

For Decentralized or DEX

Binance Dex

Forkdelta

Etherdelta

Idex 

Bancor

 

For Centralized or CEX

Binance 

Kucoin 

Yobit 

 

Or go to coinmarket cap

Thanks for this informations, even me I needed this kind of markets, I always go to coinmarketcap but honestly I never thought to check it there, thanks for your contribution 

[alexisfuentes 2130]

On 12/6/2019 at 4:04 AM, Lubruselu said:

What's are the differences between of centralized and decentralized exchanges platforms.

Also which exchange do you guys are recommended to traders to use decentralized or centralized?.

It is when you have control of your assets, you have the secret keys. Centralized no.

CEX LocalBitcoin. DEX Localcryptos (localEthereum)

[Benjamin 84]

Centralized network is a network that is have an controller or people can handle this and also this has a tax to be paid unlike decentralized network, this network has no one cam handle it and the price of it is not stable.

[Lubruselu 2803]

On 12/6/2019 at 6:47 PM, sdsonjoy50 said:

Decentralized One of the many Exchange sites, many of them are IDex (etc) Exchange site.

Centralized has many Exchange sites, one of which is the Kucoin & Yobit (etc) Exchange site.

I'm always recommend Centralized exchange site.      

Ahhh! Ok, so is that's means that the centralized exchanges them are more better than decentralized exchanges! Am I correct with that?.

[Thekingcallme 1975]

Decentralization is the best in all respects, it gives you freedom, no control over you or control you, and you can also make good profits
Centralization is bad

[Pab100 29]

Crypto law is .Your key is your money. Private key do not belongs to you on centralized exchanges

However if you want to trade crypto then centralized exchanges are  offering more security and liquidity

I trade on Bittrex mostly.Sometimes i buy some coins on LiveCoin and Yobit because no need of verification

[dillah 56]

On 12/6/2019 at 3:04 PM, Lubruselu said:

What's are the differences between of centralized and decentralized exchanges platforms.

Also which exchange do you guys are recommended to traders to use decentralized or centralized?.

Some people have already answered for the recommended types of DEX and CEX platforms. Here I suggest to use CEX as a trading market, because dex still has a little volume and the distance between buy and sell is a bit far for trading. Usually DEX is always used by traders who often arbitrate

[Lubruselu 2803]

10 hours ago, dillah said:

Some people have already answered for the recommended types of DEX and CEX platforms. Here I suggest to use CEX as a trading market, because dex still has a little volume and the distance between buy and sell is a bit far for trading. Usually DEX is always used by traders who often arbitrate

But I see some of people are most like to use decentralized exchange such as binance DEX because they say them are not required KYC verification

[dillah 56]

3 hours ago, Lubruselu said:

But I see some of people are most like to use decentralized exchange such as binance DEX because they say them are not required KYC verification

That is true, but Binance also not should to require users to do KYC, it's just a few features and there is a funding limit. It's back to the users but as far as I know there are more people in the binance market than in binance dex.

[tienda 8776]

Decentralized is better for who want to be anonymous about their transaction and money for example stars and rich. But centralized all thing will be controlled by someone for example by government.

[Emma 611]

I prefer decentralized coins and centralized exchange. in these exchange, the trading volume is noticable and we can sell in exact price with a little fees.

[Sumayya 493]

Decentralized exchange is probably the best but they lack volume on trading pair which will push you to choose the centralized exchange

[Akbor 1042]

Mainly centralized exchange is run by the team members totally but the decentralized exchange run with the block chain. forkdelta is a decentralized exchange and yobit is a centralizes exchange.

[Romaan1987 601]

On 12/6/2019 at 1:04 PM, Lubruselu said:

What's are the differences between of centralized and decentralized exchanges platforms.

Also which exchange do you guys are recommended to traders to use decentralized or centralized?.

Decentralized exchanges are good but they are risky too. We can sell our coins at our demanded prices. Centralized exchanges also have lot of issues as manipulation is high in centralized exchanges. It even can be by exchange itself.

[el-Muhammady 718]

Centralized sites are being monitored by one or many individuals While decentralized sites works with blockchain system. In my opinion, I advice people to invest in decentralized site so as to be sure of there resources safety

[Lubruselu 2803]

On 12/6/2019 at 6:47 PM, sdsonjoy50 said:

Decentralized One of the many Exchange sites, many of them are IDex (etc) Exchange site.

Centralized has many Exchange sites, one of which is the Kucoin & Yobit (etc) Exchange site.

I'm always recommend Centralized exchange site.      

Sure that's true centralized exchanges are mostly recommended because even if you look in coingecno you will see that's centralized they have good ranking