Which exchange do you prefer centralized or decentralized

[Hometown]

Which exchange is best between these two

Centralized and decentralised both exchanges are very good if exchanges have popularity and securities. Some exchanges decentralized cuts a lots of transactions fees which already victimed us .. uniswap and others ERC 20 based decentralized exchanges. But Binance smart chain based decentralized exchanges have a lower rate fees transaction that's very much easier to use.

[Lifetime]

If i am left to advice on the exchange preference between DEX or CEX, i would go for the CEX because first i personally use centralise exchange e.g Binance and also CEX allows you to change crypto to fiat and fiat to crypto it also allows exchange staking and margin lending so i think CEX is good for me.

[Gvent]

Which exchange is best between these two

Centralized and decentralised both exchanges are very good if exchanges have popularity and securities. Some exchanges decentralized cuts a lots of transactions fees which already victimed us .. uniswap and others ERC 20 based decentralized exchanges. But Binance smart chain based decentralized exchanges have a lower rate fees transaction that's very much easier to use.

If a person is well versed in the cryptocurrency world, then he will use the services of both centralized and decentralized exchanges. There are advantages everywhere and a person has the right to determine for himself the most profitable exchanges from the majority available on the cryptocurrency market.

[Pagli]

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.

[Renampun]

Which exchange is best between these two

depending on my needs, if I have to use CEX then I will use it but if not, I'm currently active in CEX, it's just that what I choose is one that already has a good reputation like binance and FTX.

[gunhell16]

Which exchange is best between these two

For now I most often used centralized though I I also used Decentralized but very seldom, and it is more faster for me to use centralized exchange when it comes to transfer my earnings here in cryptocurrency going to fiat currency. Just like example Binance was one of the useful platform for me especially for day trading as well something like that.

[LaZim]

 DEX exchanges on the Ethereum blockchain have huge transaction fees. In addition, there is a commission to be paid for any action. It is also impossible to place a pending order on DEX. For me personally, CEX looks more attractive. But there is always a risk that the exchange will be hacked.

[bitcoin-shark]

it depends on what they are used for if it is to change crypto between them then decentralized exchanges are used, my favorite is pancakeswap, instead to go out in fiat we have to use a centralized exchange but now better, trusted ones all require kyc,my favorite is binance

[Coin63@]

Which exchange is best between these two

Only pancakeswap Decentralized exchange and Binance centralised exchange very much favourite for me . But sometimes I prefer uniswap and kucoin exchange for trading coins.

[Tepona]

I currently prefer decentralized exchanges the most. Currently it is much more popular. I think most traders prefer decentralized exchanges. So decentralized exchange is important in the list of popularity nowadays. Documents are not required for the transaction. No problem with different documents. So it is everyone's favorite.

[gurunanakji777]

In my opinion, it does not matter to me Centralized or Decentralized important thing is it should be reliable to trade on but you can not depend on only one of them because if you have coins that are only listed on the Centralized exchange then you have to use it if you want to sell it so it also depends whether you have coins of Centralize or Decentralize exchange.

[Rinat8368834]

As far as I know, there are no centralized exchanges in the cryptocurrency market, but if you answer the question, then of course I prefer a centralized exchange, because I don't believe that decentralized exchanges really are.

[Altcoin1998$]

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

Some gigantic business man don't prefer to kyc . In cryptocurrencies accepted countries  tax mandatory .  If you want to trade on CEX then you must be included into TAX.

[LaZim]

In my opinion, it does not matter to me Centralized or Decentralized important thing is it should be reliable to trade on but you can not depend on only one of them because if you have coins that are only listed on the Centralized exchange then you have to use it if you want to sell it so it also depends whether you have coins of Centralize or Decentralize exchange.

Now all tokens that are traded on centralized exchanges are also traded on decentralized ones. Of course, there are much more commissions on DEX than on EVERYONE.

[anshor1]

Which exchange is best between these two

I think I like both, sometime I used decentralization , to trade my coins.
At several time I used centralization to wd my coins.
I think both are very useful.