Quote from: tippytoes on April 11, 2020, 06:47:17 AM

Quote from: stomachgrowls on April 11, 2020, 03:47:09 AM

Quote from: Coin919pro on April 10, 2020, 02:40:16 AM

There are more and more centralized exchanges, but less and less trust. Which one do you prefer between regulated compliance exchanges and decentralized exchanges?

There are several threads already about the comparison or on the talks between centralized and decentralized exchanges.

https://bitcointalk.org/index.php?topic=5104208.0
https://bitcointalk.org/index.php?topic=5165454.0

On topic, the main difference between the two excluding the privacy thing is that centralized exchanges do have fiat pairs
and thats the main reason why anyone do end up on using cex and we can actually see the difference when it comes to volume or liquidity.

Yes, this topic has been discussed in detail already. Also, most of the time the liquidity of the token or coin in dex is very low to non existent when it is compared to cex. So it really depends on the coin or token that you want to trade with. You need to evaluate the situation before sending your coins to any of them. But if you do prefer to use a centralized one, I think one safe exchange to use is BNB right now. They have lower btc withdrawal fee also as compared to other popular ones. And no need to undergo KYC if you are only dealing with 2btc and below. But in case you can't find the trading pair on them, just look for a reputable exchange and don't forget to withdraw your money once your trading is finished. This action should be observed at all times when you are in exchanges to avoid possible loss of your money.

Isn't digital currency born for decentralization? Why should we trust an unregulated exchange?