🥊 CEX vs DEX: Which is better and when to use each one?
In the crypto world, there are two main paths to operate:
🚩CEX (Centralized Exchanges).
🚩DEX (Decentralized Exchanges).
Both have their advantages, disadvantages, and ideal uses.
🏦 CEX (Centralized).
🌐 DEX (Decentralized).
🔸 Ease of use
🏦 CEX = Very easy, ideal for beginners.
🌐 DEX = Requires knowledge.
🔸 Security
🏦 CEX = Custody by the platform, depends on its reputation.
🌐 DEX = You have total control (but also the responsibility).
🔸 Speed and liquidity
🏦 CEX = High liquidity, quick orders.
🌐 DEX = Sometimes less liquidity, and slippage if the volume is low.
🔸 Registration.
🏦 CEX = Requires KYC (identity verification).
🌐 DEX = No KYC, completely anonymous.
🔸 Access to new tokens.
🏦 CEX = Limited to what the exchange lists (usually safer depending on the exchange).
🌐 DEX = You can access new tokens even before they go viral (be careful, some tokens are scams).
🔸 Fees.
🏦 CEX = There are usually trading and withdrawal fees.
🌐 DEX = Lower fees, although they vary by network (e.g., Ethereum vs BSC)
🤔 Which do I prefer and when?
✅ I prefer CEX for quick trading, direct conversions, participating in events, and more.
✅ I use DEX when I want to access very new tokens, maintain privacy, and have total control over my funds.
🥇And which is better?
Although they sometimes compete, CEX and DEX are not enemies; they can coexist.
Centralized exchanges are adopting DeFi features, such as decentralized staking or non-custodial trading.
DEX platforms are improving their interfaces to attract newer users.
💬 The key is not to choose just one, but to understand when to use each tool. Like everything in crypto, knowledge and risk management are more valuable than any token.
Which one do you use or like more?
