#CEXvsDEX101

CEX vs DEX: Which One to Choose in Today's Crypto Market?

Today, the debate between centralized exchanges (CEX) and decentralized exchanges (DEX) is becoming increasingly relevant. CEXs like Binance and Coinbase excel in liquidity, execution speed, and ease of use. However, centralized control and the risk of fund custody are concerns. On the other hand, DEXs like Uniswap and dYdX offer privacy and full control over assets, although with the risks of high gas fees and a less user-friendly interface. With increasing global regulations and heightened security awareness, many traders are starting to consider migrating some assets to DEXs as a step towards diversification and self-protection.