Quote from: grizmoblust on Today at 03:47:03 AM

Quote from: krayzie32 on Today at 02:52:41 AM

Quote from: Emitdama on August 14, 2020, 02:27:59 PM

You just can’t tell, anything can happen man. But the direction things are heading, I still think that CEX are going to continue to take the lead.

The other CEXs might be behind what Uniswap did, but Binance is very far ahead of them all, and for a DEX to get that high it might be difficult. Why I am saying that CEX might continue to be at the top is because a lot of people are concerned about safety when trading their coins these days and that will lead to them making use of centralized exchanges, especially those that are still newbie, since that’s what they get from making use of those. As for DEX, it will take time for them to get the hang of it.

CEX is simpler to use and often has a lot of events that help traders make money so for me, CEX is still the number one choice in this market. It's up to everyone's preference but the last few months DEX is making a comeback and the most prominent is Uniswap as it is being viewed as the highest-volume decentralized exchange of all DEX. Anyway, you should make your own decisions and consider carefully before choosing a trading place.

I think DEX is much better because you don't need to worry too much about security and you are the direct asset holder so it will be difficult to lose money. I only use CEX when the need arises and I only choose large exchanges like Binance or Huobi because these are the 2 safest centralized exchanges for investors. In the next few years, DEX will be a new force and will definitely replace the CEX completely.

The common problem about DEX was the trading was limited to the native blockchain of the DEX. You can’t buy non-ERC20 token to IDEX, Uniswap and soon, Same scenario to other DEX like Tron and EOS, some of them already offers crosschain but very limited. And also the liquidity is the main issue on using them, they have no market maker so definitely you can’t have a good trade there for certain coin that don’t have a loyal traders on it.

CEX is currently still the best for trading because have access to most of the coins. The only downside on using it is you don’t have fully control to your account and they require KYC.