Which exchange do you prefer centralized or decentralized

[Rajneesh Kumar]

Which exchange is best between these two

[CryptoStar19]

It depends on your needs... if you already have crypto DEXs can be great, but if you need a fiat onramp or desire more complex trading instruments, then centralized exchanges would be the way to go.

[Cryptoz]

Both are good enough if the exchange has well reputable and also trust. So far, I am using much Binance and also my local centralized exchange in the country. For, it is used to cash out into fiat. ALl exchanges in my country should be centralized and also registered under one of the government institutions. Without it, it can be considered illegal and not allowed to operate.

[MrSpasybo]

I prefer to use CEX, especially Binance because I can easily trade with very cheap fee, only 0.1% instead of 0.3% + gas on UniSwap. Also security on Binance is better than on MetaMask.
Some features like Saving and Stake are also quite attractive to holders.

[TomPluz]

As of now, I am sure that most of us here are using both types of exchanges. In terms of convenience, I have no problem with CEX and DEX. I am usually into Uniswap if the coin/token I want to buy or sell can be available in there. at the same, I also love Binance, Kucoin and even lesser know exchanges especially if they can be offering better rates. You see, we go where the wind is...

[Giangphuong8489]

I prefer Binance CEX because of its low transaction fees and 24/7 support in multiple languages. I like Saving on Binance because I can withdraw tokens and sell whenever I need, and Binance's app is constantly being updated to support users.

[Master107]

It depends on the country's regulations.
More of the time DEX is the place to trade globally.
CEX required KYC and some doesn't want to proceed.

[Chortezz]

I like both, Because I use both Exchange types.
But actually a centralized exchange is safer to use!  But which one is better for us to use?  ie which can benefit us.

[Maynul96]

Centralized and Decentralize, have negative and positive side of both exchange but i think if you use most secure and trusted exchange, then centralized is best. Becouse Some days ago i lost my some usd from Decentralized wallet. And we are know that not have any reovery system on Decentralized exchange. So i want suggested you can use Centralized exchange.

[Reasetia]

Depends on your needs, if you already have crypto DEXs can be great, but if you need a fiat onramp or desire more complex trading instruments, then centralized exchanges would be the way to go.

Best Cryptocurrency Exchange [nofollow]

[B1Ton]

It depends on your needs... if you already have crypto DEXs can be great, but if you need a fiat onramp or desire more complex trading instruments, then centralized exchanges would be the way to go.

Reasonable statement - it all depends on your needs. I cant but agree with this. Indeed, each user has individual needs. Sometimes it is difficult to choose from a very large variety of exchanges. Only information can help. Information about the features of each particular exchange. You can find useful info here Cryptototem website , for example and the dilemma, centralized or decentralizedwill stop tormenting you.

[Emma Glory]

Trading globally takes place more often on DEX.
Some do not want to proceed with CEX's KYC requirement.

[Michael.sol]

This is totally depends on your need , if you are a longterm holders then you can used dex wallet or exchange for stores your aseest . Sometimes cex exchanges are getting hacked and we are faced some problems at this time .
But there is a big advantage of cex exchanges as compared to dex , we can't do future , spot , order book , margin trading in dex exchange like uniswap .

[Review Master]

Both CEX and DEX are preferable for me. But i'll select DEX at first place rather than using CEX. Also, gas price is ridiculious at this moment, but it will come to previous position in near future. Also, CEX are great in terms of doing transections quickly with low fees except ethereum mainnet. 

[TomPluz]

The reason why both CEX and DEX platforms are making a killing in the cryptocurrency market is because people prefer to use both and I sill have to see anybody here who got no account in both type of an exchange. Each got their own advantages, benefits and features that people love. So there is no reason to choose which...both are important and needed.