More Than 40% of Traders Prefer Centralized Crypto Exchanges

According to a ForkLog survey, 47% of cryptocurrency traders use only centralized exchanges for their activities.

3015 people took part in the survey. Almost 66% of them are trading crypto. 50% of surveyed people called cryptocurrency trading a profitable business.

Among the survey participants, the most popular exchange was Binance, whose services are used by 70% of traders.

Decentralized exchanges (DEX) are less popular, only 30% of respondents use them. However, 18% of traders use both types of exchanges.

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