#CEXvsDEX101 CEX vs DEX: analysis

CEX (Binance, Coinbase)

Pros: Convenience, high liquidity, fiat support, customer service, margin trading.

Cons: Asset storage, KYC, hacking risks, regulation.

DEX (Uniswap, dYdX)

Pros: Key control, anonymity, access to DeFi and new tokens.

Cons: Complexity, low liquidity, high fees, smart contract risks.

Trends (2025): CEX is popular for convenience but is losing trust. DEX is growing due to DeFi and anonymity. Regulation limits CEX, DEX is resilient. Hybrid platforms are gaining popularity.

Conclusion: CEX is for beginners, DEX is for privacy and control. The choice depends on goals.