🔍 Centralized Exchange (CEX) vs Decentralized Exchange (DEX) – What’s the Real Difference?
After using both CEXs like Binance and various DEXs like Uniswap, I’ve learned each has its pros and cons. CEXs offer speed, deep liquidity, and an easy-to-use interface – perfect for beginners. On the other hand, DEXs give you full control of your assets and support anonymous trading without KYC, which is great for privacy-conscious users.
Personally, I prefer using CEXs for trading speed and security features, but I also keep some funds on DEXs for DeFi farming. Ultimately, your choice depends on your trading style and goals. Which one do you use more?