#CEXvsDEX101
let's be clear: there's nothing better than a good CEX (like Binance)!
It's easy to use, has liquidity that would make central banks jealous, customer service is always top-notch, and depositing/withdrawing in fiat is very easy and fast.
So, is it a race won by CEX?
Perhaps not! CEXs are excellent and tempting Honeypots! If a CEX were to be hacked, we would all lose our funds!
With DEX, however, control of your assets is in your hands, no KYC, unconfiscatable.
But the downsides are:
-less intuitive
-low liquidity
-no customer support.
So what do you think?? Better DEX or CEX??