Which exchange do you prefer centralized or decentralized

[Jaephoenix]

Obviously most people would love dexes because of the privacy and security it affords its users. I think I prefer Biswap more than others. It's UI is easy on the eye and the transaction fees are even shared

[Prime]

So far, I am comfortable with CEX, it is more secure. I have seen many DEX, I am not sure to trade my coins there because I guess it is not safe enough. While CEX, sometimes requires KYC, but they offer good service for us. Our coins also can be better to save there since they want to take responsibility if anything happens with our coins.

[dekafee79]

So far, I am comfortable with CEX, it is more secure. I have seen many DEX, I am not sure to trade my coins there because I guess it is not safe enough. While CEX, sometimes requires KYC, but they offer good service for us. Our coins also can be better to save there since they want to take responsibility if anything happens with our coins.

If you said about secure, CEX is more safe.
I have used both, CEX and DEX .
I think they have own advantage.
If you prefer in CEX, you can use it and focus there.
But several investors didn't like to share their ID for KYC.

[Nikawe]

Which exchange is best between these two

Uniswap and pancakeswap both Decentralized exchange but uniswap bep20 based Decentralized exchange and uniswap ERC 20 based Decentralized exchange. Both exchange have same procedure but unfortunately uniswap has more swapping fees ...

[Paglamon]

I prefer decentralized exchanges for first stage investments. Subsequent projects, if listed on a centralized exchange, are greatly improved. Most large investors prefer decentralized exchanges. Such as Uniswap. At present its popularity is much higher. Because a lot of investors buy different tokens from here and hold them for a long time.

[Churphans]

Both centralized and decentralized exchanges are good but trading fees on centralized exchanges are slightly lower than decentralized exchanges. Moreover, decentralized security in centralized exchanges A little more than X.

[Pluto25]

I prefer only centralized exchanges because decentralized exchanges need excessive Ethereum network fees. Uniswap decentralized exchange need huge amounts of Ethereum network fees. But Binance and Kucoin need simple withdraw fees.

[Beattysuhita]

Centralized exchanges are the ones I use most often, although I also use decentralized exchanges. Both also give me a different experience, but I think I prefer a centralized exchange, because I think it is safer to use.

[I-Bit]

It will depend on the reputation of the exchanges themselves. So far, I commonly use centralized and dex exchanges because they may not only depend on the centralization but also their features, services, and also reputation. I like using Tokocrypto, Binance, Bitmart and Bithumb

[EthereumDev_]

from the beginning I knew cryptocurrency I knew many exchange places but until now I still like the Binance exchange because I see this exchange has a very high trading volume and of course can provide very good price movements.

[KKH84]

I like both, because I really need both.  for newly released projects, usually they will open trades on DEX and after that they will open trades on CEX.  So I think both will complement, to be honest DEX exchanges are not capable of making fiat money withdrawals therefore, all have their own advantages.

[tervel]

Centralized exchanges rely on a private infrastructure to match supply and demand. In contrast, decentralized exchanges (DEXs) bring buyers and sellers together. Anyone can access them and trade without intermediaries. That's why I prefer (DEXs).

[Bobcrypto]

In my opinion centralized exchange has certain advantage over the the Decentralized exchange, and these advantages will keep rising it's popularity higher. I think I prefer centralized exchange because it is where the big traders/holders are consistence in buying/selling, and plus moving digital assets from one place to another at any time and with lesser fees.
Although centralised exchanges are vulnerable up to a certain extent, they helped to bring cryptocurrency into the masses. It has also been essential in the formation of crypto markets that we see today

[Bliznec]

I prefer a decentralized cryptocurrency exchange over a centralized one. This concerns the safety of your assets, thereby trying not to lose them. Today there are many exchanges that I offer to make a deposit and then withdraw funds. The cryptocurrency exchange never asks for a deposit.

[therozaq]

Mostly if we are going to cash out our money to the bank, I must choose CEX because that is the one legal in my country. But DEX is also no problem as long as the exchanges are reputable and good.Moreover in DEX, we are not supposed to do KYC. So, we can really get good ideas of that privacy

FOr bank, We wshould use CEX,  I think CEX is better for withdraw to own currency.
But talking about big community as trader, Im think DEX is better.
Cex is safe for yor asset, but DEX will give us more advantages, KYC is no problem as long as the exchange is ver reputable,