Weidex
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What do you prefer - Centralized or Decentralized Exchange?

Tue Apr 09, 2019 9:42 am

Hello, guys

I've been wondering about what most of the people prefer - centralized or decentralized exchange? Why ?
Do you think DEX is the future mainstream exchange platform?

Leave your opinion below please. Smiley

In the same time check our platform and give a feedback --> https://weidex.market/ 8-)

Vlad96
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Re: What do you prefer - Centralized or Decentralized Exchange?

Wed Apr 10, 2019 12:06 am

I think that the mix of centralized and decentralized exchanges is the best solution. We combine their best features in one place

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Wed Apr 17, 2019 2:57 pm

Definitely centralized. There are some reasons for that.

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Pod_Miners
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Re: What do you prefer - Centralized or Decentralized Exchange?

Thu Apr 18, 2019 7:10 am

I think decentralized or else we can combine features of both.
Last edited by Pod_Miners on Thu May 02, 2019 9:07 am, edited 1 time in total.

Vlad96
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Re: What do you prefer - Centralized or Decentralized Exchange?

Thu Apr 18, 2019 10:51 am

Definitely centralized. There are some reasons for that.
And what are the reasons?

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Thu Apr 25, 2019 10:49 am

Definitely centralized. There are some reasons for that.
And what are the reasons?
Trading volume is higher and of course, such exchanges are regulated by law which actually guarantees that at least they will be prosecuted if something goes wrong

handycash
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sat Apr 27, 2019 5:26 pm

I'll go for decentralized, maximum privacy and security. Well, the government will never allow it, that is the sad part.

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BenFormer
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sun Apr 28, 2019 10:26 am

In my opinion they are both have advantages.
I still mostly use centralized but in future would use only decentralized.

karldark
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sun Apr 28, 2019 10:43 pm

Well both have their advantages and short falls, personally I like the speed, support for numerous blockchains and user-friendliness of centralized exchanges. However, security on dex cannot be taken for granted. If a dex has the above features, I'd definitely start trading on it.

CryptoWarrior
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Re: What do you prefer - Centralized or Decentralized Exchange?

Mon Apr 29, 2019 12:11 am

Of course decentralization. This is the main meaning of crypto.

Vlad96
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Re: What do you prefer - Centralized or Decentralized Exchange?

Mon Apr 29, 2019 4:57 am

Definitely centralized. There are some reasons for that.
And what are the reasons?
Trading volume is higher and of course, such exchanges are regulated by law which actually guarantees that at least they will be prosecuted if something goes wrong
And what about privacy? For example, I don't like to pass KYC :)

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Fri May 03, 2019 4:45 pm



And what are the reasons?
Trading volume is higher and of course, such exchanges are regulated by law which actually guarantees that at least they will be prosecuted if something goes wrong
And what about privacy? For example, I don't like to pass KYC :)
I have nothing to cover actually and if you choose a good EU, for example, regulated exchange, then you can be sure they are under strict law and impossible to sell your private data.

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Snowmoon
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sat May 04, 2019 11:47 am

Both centralised and decentralised have their advantages and disadvantages. I'd go for the best qualities of both of them. Actually, I prefer centralised exchange since crypto trading is kinda risky and scammers are all over. So long as privacy is guaranteed and the broker is regulated, then centralised system is the best

Vlad96
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Re: What do you prefer - Centralized or Decentralized Exchange?

Tue May 07, 2019 11:19 am


Trading volume is higher and of course, such exchanges are regulated by law which actually guarantees that at least they will be prosecuted if something goes wrong
And what about privacy? For example, I don't like to pass KYC :)
I have nothing to cover actually and if you choose a good EU, for example, regulated exchange, then you can be sure they are under strict law and impossible to sell your private data.
You're right, but the problem is that we can not be sure that even well-regulated exchanges are safe. In any case, everyone chooses what they like.


LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Fri May 10, 2019 7:18 pm


And what about privacy? For example, I don't like to pass KYC :)
I have nothing to cover actually and if you choose a good EU, for example, regulated exchange, then you can be sure they are under strict law and impossible to sell your private data.
You're right, but the problem is that we can not be sure that even well-regulated exchanges are safe. In any case, everyone chooses what they like.
I hope the regulations are strict enough not to allow them to disobey the law

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Fri May 10, 2019 7:20 pm

I prefer Decentralised exchanges because of its privacy nature and security.
Secondly, alot of manipulation is been carried out on centralised exchanges
What manipulations do you mean?

X-ray
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Re: What do you prefer - Centralized or Decentralized Exchange?

Mon May 13, 2019 1:52 pm

Definitely decentralized exchanges if only the liquidation is enough, it offer the best security although giving away the convenience and speed but I guess all that will be paid off, also combining decentralized exchange with privacy coin like veil is really a good combination, by that you have tighten your overall security.

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Mon May 20, 2019 1:01 pm

Definitely decentralized exchanges if only the liquidation is enough, it offer the best security although giving away the convenience and speed but I guess all that will be paid off, also combining decentralized exchange with privacy coin like veil is really a good combination, by that you have tighten your overall security.
Veil is the most promoted coin right now ahah Run into it everywhere

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sun May 26, 2019 11:54 pm

Both centralised and decentralised have their advantages and disadvantages. I'd go for the best qualities of both of them. Actually, I prefer centralised exchange since crypto trading is kinda risky and scammers are all over. So long as privacy is guaranteed and the broker is regulated, then centralised system is the best
Is a broker the same as an exchange?

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sun May 26, 2019 11:56 pm


And what about privacy? For example, I don't like to pass KYC :)
I have nothing to cover actually and if you choose a good EU, for example, regulated exchange, then you can be sure they are under strict law and impossible to sell your private data.
You're right, but the problem is that we can not be sure that even well-regulated exchanges are safe. In any case, everyone chooses what they like.
Well, that means you can not trust governments and laws as well which smells a kind of paranoia ahaha

LanaFlame
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sun May 26, 2019 11:58 pm

Centralized!
Why?

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Isu
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Re: What do you prefer - Centralized or Decentralized Exchange?

Sun Jun 23, 2019 8:19 am

I think that this question is not so easy to answers as both centralized and decentralized exchanges have their positive and negative sides. So, as long as they are operational and functioning well, I and ok with both

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