Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ivanleon on September 26, 2018, 07:47:30 PM

Title: Which exchanges are better? DEX or CEX?
Post by: ivanleon on September 26, 2018, 07:47:30 PM
Which exchanges are better - centralized or decentralized? Which ones are better to trade? After all, now often break and steal funds from the wallets of exchanges.
Title: Re: Which exchanges are better? DEX or CEX?
Post by: ayatoslaw on September 26, 2018, 08:12:16 PM
I would rather suggest cryptopia :) there are many coins there, and it looks good, but if you still want to choose between DEX and CEX, you can choose CEX, why? because DEX is still slow in making a request, I will ever make a buy order, but it must refresh continuously so that it can be achieved.
Title: Re: Which exchanges are better? DEX or CEX?
Post by: ZionRTZ on September 26, 2018, 08:20:08 PM
Quote from: ivanleon on September 26, 2018, 07:47:30 PM
Which exchanges are better - centralized or decentralized? Which ones are better to trade? After all, now often break and steal funds from the wallets of exchanges.

For pure trading, it depends on the volume of the coins/tokens a person plans to trade. Usually, CEX has higher volume.
For security, I prefer DEX. 
Title: Re: Which exchanges are better? DEX or CEX?
Post by: ZionRTZ on September 26, 2018, 08:22:52 PM
Quote from: ayatoslaw on September 26, 2018, 08:12:16 PM
I would rather suggest cryptopia :) there are many coins there, and it looks good, but if you still want to choose between DEX and CEX, you can choose CEX, why? because DEX is still slow in making a request, I will ever make a buy order, but it must refresh continuously so that it can be achieved.

Have you tried DDEX? It is actually pretty fast when it comes to making a request. It is the best DEX I have used so far.
Title: Re: Which exchanges are better? DEX or CEX?
Post by: Gucci on September 26, 2018, 08:25:45 PM
Of course DEX is better because it gives you the wallets. However, for the time being, CEXs are used more quickly because they are reliable ones.
Title: Re: Which exchanges are better? DEX or CEX?
Post by: sturec22 on September 26, 2018, 08:34:17 PM
Even though DEX are not as popular as CEX right now I think they will be more usable in the future, IDEX is one of the best and highest volume DEX so far.
I also used to trade at TIDEX however the volume is so low right now...
Title: Re: Which exchanges are better? DEX or CEX?
Post by: hyipmentor on September 26, 2018, 09:36:21 PM
i think cex is good .also in my view i like yobit,cryptopia and so on exchange.
you can buy huge token in cheap price.
Title: Re: Which exchanges are better? DEX or CEX?
Post by: nayeon.twc on September 26, 2018, 11:25:16 PM
I prefer to be centralized. because it only requires a small fee, rather than decentralization requires large fees such as idex and others.
Title: Re: Which exchanges are better? DEX or CEX?
Post by: Noobaru on September 26, 2018, 11:54:56 PM
They both have their pros and cons, but if I would have to choose right now, I would choose DEX. If I would have to trade on CEX, then I would choose Binance or KuCoin. It seems just so easy to trade on DEX, because you don't need an account, you can connect MetaMask or in some cases hardware wallets and transfer your funds. Withdrawal is also quick, because I don't think it ever gets manually checked.
Title: Re: Which exchanges are better? DEX or CEX?
Post by: de Ghoniyu on September 27, 2018, 01:11:04 AM
Quote from: ayatoslaw on September 26, 2018, 08:12:16 PM
I would rather suggest cryptopia :) there are many coins there, and it looks good, but if you still want to choose between DEX and CEX, you can choose CEX, why? because DEX is still slow in making a request, I will ever make a buy order, but it must refresh continuously so that it can be achieved.

I agree mate. I think CEX is better for now. DEX is still slow in market request.