Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: binance vs decentralized exchange
by
arwin100
on 04/09/2023, 13:41:19 UTC
⭐ Merited by ultrloa (1)
<--->

You can use decentralized exchanges but you will find low liquidity and high fees on most of the Dexes.
for perpetual or leverage trading centralized exchanges are best choice, i never used Dexes but i can provide some best Cexes (Bitget, OKX) i personally use for leverage trading they are not totally non KYC exchange.
but you need to consider some limitations.


Provably that will be the case on dex but I don't have problem with it as long as it can deliver good trades to some of our alts which not been listed yet on big exchange. 

But I prefer binance over those dex since they have great volumes and good choices of alts to trades. Some may not lile their KYC requirements but I don't mind being ask especially they are reputable exchange since I just accept that this submission will became normal requirements in future and we doesn't have anything to worry since binance is a trusted exchange.