Post
Topic
Board Altcoin Discussion
Re: Centralized Exchange And Decentralized Exchange
by
Pandu Geddon
on 05/08/2022, 06:48:42 UTC
Good evening Ladies and Gentle,
As an emerging cryptocurrency, which platform is the best to list on for the benefit of both developers and investors?
To list then decentralized exchanges are the easiest one because literally you no need to go through any process and fees but to list a project in centralized exchange then you need to meet lot of criteria and have to wait along with huge listing fee so its either one or another.
some Cex exchanges have rules that will indeed prevent all new tokens from being listed. this is good so as not to make shitcoins or scam tokens easily registered and traded on the CEX exchange.
even though the DEX exchange is easier to access, I don't think we have any control over seeing so many scam tokens there. even tokens that are suddenly in our wallets can also be traded on the DEX exchange. this is risky for new users.