Have you ever wondered which is better: a centralized exchange (CEX) like Binance or a decentralized exchange (DEX) like Uniswap? 👀
The answer is not so simple… It all depends on what you need! Let's compare both 👇
🔒 CEX: Centralized
📱 Easy to use
💰 High liquidity
🧑💻 Technical support
💳 They accept card or transfers
📊 Advanced tools (futures, margin, staking)
❌ Require KYC
❌ You don't control your keys 🗝️
❌ Risk of hacks or collapses (👻 FTX...)
🧠 DEX: Decentralized
👛 You control your funds
🆓 No KYC
🧪 Access to new tokens before they are on CEX
📖 Everything is transparent (on-chain)
❌ Less intuitive
❌ Slippage on low liquidity tokens
❌ You can fall into scams if you don't research 😨
❌ High fees on networks like Ethereum ⛽
🧩 WHEN TO USE EACH ONE?
🔍 Scenario ✅ CEX ✅ DEX
👶 I'm a beginner ✔️ Yes ❌ Better not
💳 I want to buy with fiat ✔️ Yes ❌ Not possible
🚀 I'm looking for microcap gems ❌ Slow ✔️ They're first
🔐 I want to control my funds ❌ No ✔️ Total
💸 I trade with large amounts ✔️ Yes ⚠️ Depends on the pair
🕵️♂️ I value my anonymity ❌ KYC ✔️ No KYC
🌾 I want DeFi, farming, airdrops ❌ Limited ✔️ Key
🧠 Conclusion:
✅ CEX = Convenience and advanced features
✅ DEX = Freedom, anonymity, and opportunity
💡 Pro tip: Use CEX to buy and withdraw, then move to your wallet to trade on DEX and have total control 🔥
📢 And you, crypto friend...
Do you prefer CEX or DEX? Have you had any bad experiences with either?
I read you in the comments! 🗣️💬
