There are more and more centralized exchanges, but less and less trust. Which one do you prefer between regulated compliance exchanges and decentralized exchanges?
To tell you honestly, this isnt about which one. I am using both and so far it has come with advantages and disadvantages.
Which one you like first? Okay lets go with decentralized exchange. I like the freedom we can get from using this, but sometime I am not happy with the volume or the book order of the token Ive wanted to trade, obviously its not comparable to centralized exchange. But good thing is I can avail cheaper and out of the market price bargain tokens.
Now, on the centralized exchange, you can call them perfect and has a friendly user platform especially those big one such as Binance, Kucoin and Bithumb. Very easy to use, what I dont like is if you want to increase your daily volume or token traded you need to pass KYC which sucks. Thats all there is to hate but for the purpose of anti money laundering. I can accept it.