Centralized and Decentralized Exhcnages

[Black ID]

In fact, both Cefi and Defi both have a big influence in crypto. There are many types of coins, both of which are very potential in crypto. And I also believe both of them are equally important and provide a special experience for the devotees. I also have the desire to be able to try investing in both.

[smart_oa]

 

In decentralized exchanges primary decisions are made by the organization.

If an organization is in charge of making decisions of a platform then how it became decentralized? what you have said here is the concept of a centralized exchange. On the other hand, a decentralized platform is community-driven and its decisions are made by the community itself, not by any organization.


 

[labonikhatun]

Both centralized and decentralized exchange sites are good the centralized exchange site is under the control of the government and it is worthy of support everywhere but decentralized sites are not under the control of the government but have not been legalized everywhere. Decentralized sites are in high demand for online work but with the passage of time decentralized countries like decentralized will gain legitimacy and its circulation like the fiat currency will increase.

[Ghozrd]

Decentralized exchanges are very easy to use for crypto users who want to be anonymous, in contrast to centralized exchanges, for certain transactions require some personal data for KYC, DeFi and CeFi will be the choice of crypto investors and traders, whether they want full control over their crypto assets. own or require a third party on a centralized exchange platform.

[tsakf]

After many years, of promoting Linux and Open source software (since 1997), and crypto (since 2010), I came to a sad conclusion. The masses, do not want to take responsibility for their lives, so decentralization, will be suited, for a big minority.

[Lenipiw]

Binance, Kucoin, OKEx, houbi, probit, hotbit, MXC, bitmart, the best among the centralized exchanges. However, Uniswap is the best of the decentralized exchanges. So I think these occupy a lot of space in the market.

[Istiak]

Binance, Kucoin, OKEx, houbi, probit, hotbit, MXC, bitmart, the best among the centralized exchanges. However, Uniswap is the best of the decentralized exchanges. So I think these occupy a lot of space in the market.

Uniswap is full of the shit projects and because it's a decentralized exchange it's not very hard to list any project there and open a swapping pair. It's very easy to be scammed there if you do not know what you are doing. Lattice, Injective protocol, and loopring are some dex that is meant to do something really good.

[Hometown]

Some Decentralized exchanges: UNISwap, sushiswap, mooniswap, fordelta, idex , tokenjar, stex, etherflyer
Semi centralized: vindax, marcatox, P2Pb2b, whitebit, coinsbit, ...

Centralised exchange: Binance, Okex, Houbi, Kucoin, kraken, bitfinex, Bitforex, bittrex, coinbase pro, bithumb Global, bilaxy and others...

[Sumaiya2]

Defi project is much better as the exchange came at the right time.  Although the popularity of centralized and decentralized exchanges is much better.  The popularity of centralized and decentralized will increase in the future because the future of cryptocurrency marketing will be much better no matter what the token is.

[Altcoin1998$]

Some Decentralized exchanges: UNISwap, sushiswap, mooniswap, fordelta, idex , tokenjar, stex, etherflyer
Semi centralized: vindax, marcatox, P2Pb2b, whitebit, coinsbit, ...

Centralised exchange: Binance, Okex, Houbi, Kucoin, kraken, bitfinex, Bitforex, bittrex, coinbase pro, bithumb Global, bilaxy and others...

Nowadays top rankings decentralised exchanges (Dex's) are top volumes actually I mean uniswap Which has no sell and buy orders. If enough liquidities pool having then you can buy and sell your products otherwise you can't.

[Altcoin1998$]

Both these exchange types have their own advantages and disadvantages and moving forward I think we will see instant swaps and hybrid model will be the most preferred model in my opinion.

Instant swapping based exchanges now becoming more and more popular but the main advantages that most of the projects recently turns into scams due to auto instantly swapping. Because it has no security to list and creating trading pairs.

[Chita76]

Centralised and decentralized exchange You have spoken very well about me.  I didn't have much idea about this. I have learned a lot from reading your post.

[Pluto25]

From centralised exchanges lists, I support and use binance, kucoin, bithumb, okex etc . centralised exchanges having more securities than the decentralised exchanges.