#CEXvsDEX101

What follows is a personal opinion formed in recent times and, honestly, with not much experience on dex.

First, let’s ask ourselves: why choose one or a single category?

Can we combine Cex and Dex to find a balance between protection and adherence to rules on one side and freedom and anonymity on the other?

Cex like Binance and Coinbase offer security, ease of use but you have to comply with rules and regulations, verifications like KYC (know your customer) to ensure compliance with anti-money laundering regulations and prevent fraud, and the custody of funds and at the base of their use you must be an investor who has nothing to hide (but here we could open a really huge and complicated debate).

Dex, many are citing Pancakeswap which operates on Binance Smart Chain, and Uniswap, the largest Dex in Defi based on Ethereum, but there are hundreds with new projects (more or less reliable) every day and on different blockchains, offering financial freedom and anonymity but they are less intuitive, have limited scalability, slower and more expensive transactions.

The new regulations could bring these two categories closer together (more than "could" it seems that the goal will be to do so)

In the meantime, we can try to use both by combining their advantages relying on the more well-known and reliable ones and not just evaluating a savings on fees.