#CEXvsDEX101 Which one should you choose?

The choice between a CEX and a DEX depends on your priorities:

Use a CEX if: You are a beginner, prioritize ease of use, need to convert fiat to crypto, value customer support, or trade large volumes of popular assets.

Use a DEX if: You prioritize self-custody and control over your assets, value privacy, want access to new or niche tokens, or want to participate deeply in the decentralized finance (DeFi) ecosystem.

Many experienced crypto users actually use a hybrid approach, using a CEX for fiat on-ramps and large-cap trades, and a DEX for exploring new tokens and participating in DeFi.