Can remote event be used if it is placed inside of workspace

Yes however I would recommend putting them in something like server script service, replicated storage or server storage so its more organized.

Edit: if you need it to be used by the client you can’t use server script service or server storage

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Yes, remote events work anywhere that is accessible by both the server and client. As D0RYU said though, to keep your game organized you should probably put them in ReplicatedStorage.