Hello guys, hope you are doing well

With the rise of ICOs and new projects working on Decentralized exchanges (DEX) and raising millions, I'm wondered how people in the crypto community perceive it and why a lot prefers DEX rather than centralized exchanges. Indeed we have seen many interesting projects with hype, such as IDEX, Waves or Stellar, and some looks really promising like NEONEX.
Decentralized Vs Centralized exchanges: Where do you stand? And why?
Both decentralized and centralized exchange have their own advantages and disadvantages.
One of advantages of decentralized exchange is, the volume most of them are real, not fake. The advantage of centralized exchange is they are very fast updating the order books. For example if you look binance, their order book is changing very fast and they can handle many transcactions.