Decentralized exchange good or not?

[OptimusPrime]

as time goes on, cryptocurrency will always experience many changes,
whether it's a coin or an exchange,
for example, decentralized exchange,
decentralized exchange is made so that funds can be held directly by traders rather than binary,
so it's safe from hacker attacks.
if I think decentralization of exchange is very good.
What do you think?

this depends on your choice. I really don't like decentralized exchange but I use them sometimes for most transactions so it's kinda good

[moonuranus]

Decentralized exchanges are good of course, decentralization what Satoshi Nakamoto wants and it is the real essence of cryptocurrency, this is a pure p2p transaction. What makes it loveable is there is no need for registration or any info to be given like centralized exchange for you to be able to use it.

[ayatoslaw]

as time goes on, cryptocurrency will always experience many changes,
whether it's a coin or an exchange,
for example, decentralized exchange,
decentralized exchange is made so that funds can be held directly by traders rather than binary,
so it's safe from hacker attacks.
if I think decentralization of exchange is very good.
What do you think?

this depends on your choice. I really don't like decentralized exchange but I use them sometimes for most transactions so it's kinda good

can you also give a reason why you don't like dex,
because this can be an insight for others who don't really understand dex,
because most of what I know is good dex is safe from hackers because we don't send and save funds to exchange directly.

[LogiC]

as time goes on, cryptocurrency will always experience many changes,
whether it's a coin or an exchange,
for example, decentralized exchange,
decentralized exchange is made so that funds can be held directly by traders rather than binary,
so it's safe from hacker attacks.
if I think decentralization of exchange is very good.
What do you think?

Not sure, there is a time etherdelta was hacked and many traders were been directed to a phising site and made dex untrusted. Centralized or dex both can still be proned with hackers. But on my experienced I always prefer centralIzed exchanges as volume is much higher.

[Marby]

The decentralized exchange in my opinion is quite good. The most important thing from both parties is the fellow crypto players who also understand each other about the crypto world itself. This is outside the authority of the local government.

[vegasus]

Both decentralized and centralized exchange have their positive and negative sides, Personally, I don't matter with the decentralized exchanges because it also gives us easiness in having activities on it. It becomes easier and simpler for trading and also having more coins although sometimes it includes high risks. Just be careful.

[Stuart]

Decentralized exchanges are good to for trade, but with the low liquidity and trading pairs, that is why its not much trending. If this should be rectified in anyway possible, DEX is the very best to trade.

[sturec22]

it is good for the hacking issue however right now they are not that important as they have to be.
In the future, 1-2 years later I think the importance of these exchanges will be issued.
Decentralized exchanges are for sure really important and good.

[Galon]

Actually, decentralized or centralized exchanges are the same two exchange styles that have advantages. The most important thing is how we can react. Because both also have a bad side, of course we cannot just avoid it.

[alstevenson]

Decentralized exchanges are good to for trade, but with the low liquidity and trading pairs, that is why its not much trending. If this should be rectified in anyway possible, DEX is the very best to trade.

We must emphasize also the Decentralized exchanges are very secured compared to centralized exchanges that have been hacked countless times and a very big amount of funds have been stolen.

[dragononcrypto]

Decentralized exchanges are good to for trade, but with the low liquidity and trading pairs, that is why its not much trending. If this should be rectified in anyway possible, DEX is the very best to trade.

We must emphasize also the Decentralized exchanges are very secured compared to centralized exchanges that have been hacked countless times and a very big amount of funds have been stolen.

I think it this depends on the type of DEX though, and how decentralized it is. While a pure peer-to-peer software-based exchange is the most secure to use for trading, many DEX's such as IDEX and Ether/ForkDelta use centralized smart contracts that are still vulnerable to hacking. Mainly because there is a still a "single point of failure". Similar to Binance and the rest; centralized DEXs may be safer their centralized components are still vulnerable.

[88percent]

A decentralized exchange is also good, I see it on Idex. The exchange can be quite popular and there are many investors there. But I think centralized exchange like Binance is still better than decentralized exchanges.

[AltLogan]

Hey, crypto lovers!
I am wondering about what most of the people prefer - centralized or decentralized exchange? And why?

[Nasa]

Hey, crypto lovers!
I am wondering about what most of the people prefer - centralized or decentralized exchange? And why?

Crypto bridge - it's almost homeland for masternode coins, Forkdelta - you can sell any erc-20 token (if it don't locked ofc), and ..... Waves dex, why? Because you can create waves token, and it will be like stock, you can send any listed currency (even btc, eth...)  for your selfcreated token owner, like dividents.

[andrewBud]

Due to attempts by regulators to impose various restrictions, decentralized exchanges will soon be more popular than centralized ones.  For this you need a little more time.  Each type of exchanges has its advantages and disadvantages, but the decentralized exchanges have much more advantages.