#CEXvsDEX101
CEX vs DEX 101: Which Is Better for Trading ETH/USDT?
When trading crypto pairs like ETH/USDT, you’ll choose between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX). Here’s a quick comparison:
CEX (e.g., Binance, Coinbase)
✅ User-friendly, fast trades, high liquidity
❌ Requires KYC, funds held by the exchange
DEX (e.g., Uniswap, PancakeSwap)
✅ No KYC, full control of your funds
❌ Slower trades, lower liquidity, higher gas fees
If you prioritize convenience and speed, a CEX might suit you. For privacy and control, DEX is the way to go.
