As of May 31, 2025, CEXs are like Binance and Coinbase while DEXs like
Uniswap, serve distinct roles in crypto trading.
CEXs (lead with high volumes (Binance: $30B+ daily)) are user-friendly platforms where one can manage trades and hold funds facing both Pros (such as easy to use, great for beginners , high liquidity, fast trades and fiat support for easy crypto purchases) and Cons
( you don’t control your funds , Require ID verification, less private, high risks to hacks or shutdowns).
On other hands, DEXs ((Uniswap: $5B+ daily)) enable peer-to-peer trading on blockchain without intermediaries with Pros (you control your funds, safer from hacks, no ID needed, more private and resistant to censorship) and Cons: (Complex interfaces, not beginner-friendly, lower liquidity, higher slippage, high blockchain fees during peak times)
CEXs face regulatory pressure, pushing some to DEXs for autonomy.
Both thrive, meeting different trader needs in 2025’s crypto
market.
