Which exchange do you prefer centralized or decentralized

[masterrex]

Which exchange is best between these two

IMO, I believe it depends on your purpose, and reasons why do you use that exchange, whether it is decentralized or centralized. and honestly speaking I am a long-time Binance exchange user and the purpose why Im using Binance is due to the large volume of trading and plenty of cryptocurrencies listed there but today it has changed when BSC become popular im always using a DEx nowadays for trading BSC tokens. and my personal choice is still the Centralized one.

[Bliznec]

I use mostly centralized exchanges. I'm just so used to it and they seem convenient and reliable to me.
Very rarely I use uniswap. For me, the most suitable exchange is binance

Most of all, I prefer a decentralized exchange, since it does not particularly require QC to carry out verification on the exchange. In principle, there is no difference to pass KYC, if this is the case. 

[trauchot]

Honestly, it makes no difference to me which cryptocurrency exchange to use, but for example, in the last few years I was prefering to use centralized exchanges because the gas price on the Ethereum blockchain has been growing already several years and it becomes almost impossible to trade on decentralized exchanges, and of course I am in favor of those cryptocurrency exchanges where you can trade without kyc.

[Gvent]

Honestly, it makes no difference to me which cryptocurrency exchange to use, but for example, in the last few years I was prefering to use centralized exchanges because the gas price on the Ethereum blockchain has been growing already several years and it becomes almost impossible to trade on decentralized exchanges, and of course I am in favor of those cryptocurrency exchanges where you can trade without kyc.

It is better to trade on decentralized exchanges, but then there is the question of withdrawing funds. Of course, I do it through a centralized exchange and most likely many people do it. The issues of centralization of cryptocurrencies are very serious and I think that over time there will be more centralized exchanges.

[KaliLinux]

I have never really had any problem trading on both types of cryptocurrency exchanges even though I noticed the fees for some decentralized exchange transactions. I would however say that I still use the centralized changes more because I think there are more fluid and with fewer fees too.

[Shahinaz]

depending on where the coins you have can be traded
I personally trade according to the direction the coin was first introduced in the exchange for new coins
for old coins i prefer to trade on dex

[Vx1]

For people who have been in Cryptocurrencies for a long time, surely they will have no problem where they will choose centralized exchanges as well as decentralized exchanges. Actually both of these exchanges are good, but sometimes the only problem is the trading fees. Because fees on decentralized exchanges for certain networks (e.g. Ethereum network) are very expensive. So I myself prefer to trade on a centralized exchange over a decentralized one.

[Galley]

For me, there is no particular preference for trading. But recently, I prefer decentralized exchanges. I mainly traded on Binance, but since the mandatory KYC procedure, I have given up on this exchange. In principle, I do not want to go through this procedure. Moreover, the BSC blockchain provides excellent trading opportunities.

[saprakib]

Which exchange is best between these two

I always prefer CEX. I have an experienced that become hacked and different time on the past on etherdelta. So it is very clear me to say that CEX is more better than DEX. Its true that in recent times DEX are very popular than CEX but i think we can be Safe on CEX. I have used DEX in recent days never found any issue you guys can also use it until facing any issue.

[TERMINO]

Both are okay. Decentralized or centralized does not a problem. It depends on our own will what we should choose to use for our trading, deposit and withdrawals activity. As long the exchange is safe, low transaction fee, audited, and secure no problem to use. We are after to security and affordable fees.

[Gvent]

Both are okay. Decentralized or centralized does not a problem. It depends on our own will what we should choose to use for our trading, deposit and withdrawals activity. As long the exchange is safe, low transaction fee, audited, and secure no problem to use. We are after to security and affordable fees.

You're right. Each user of the cryptocurrency market can choose for himself the most ideal way to earn money, as well as their subsequent withdrawal to fiat. And it's very wonderful that the market gives such opportunities for a flight of fancy. After all, we are all individual and the cryptocurrency market is ready to offer its own version for everyone.

[Mohammad_Gassani]

Personally i prefer DEX'es because you can't usually find new project on CEX's. For example I have investment on $LFW and i only could invest on DEX. GameFi's are so popular and as a chasing big profits,im always looking for DEX's first. LFW is one of the most promising one,i highly recommend if you like play2earn projects.

[Gyrgen]

If you look at the cost of gas for transactions of ether for decentralized exchanges, then the answer is obvious. If exchanging tokens on other blockchains, it certainly does not hurt so much. Besides, if you are engaged in trading, then decentralized exchanges are very inconvenient.

[tonymillions84]

I prefer both especially when i want to trade spot and ha ve no clear understanding of how the market works. I use centralized exchanges like binance, okex and bittrex while i used decentralised platforms on bsc and polygon. I will not use ethereum because of the fees.

[alltalk]

I prefer to use centralized exchanges now, especially top centralized exchanges. Centralized exchanges are easy to use and most of them have many crypto coins. While for decentralized exchanges, I think it is sometimes a bit difficult to use because we need to do some steps to connect our wallets. However, it is not something too difficult to learn, everyone can use it by taking time to learn it.