In the crypto world, debates are constantly ongoing: CEX or DEX? Centralized exchanges (CEX), such as Binance or Coinbase, offer convenience, high liquidity, and customer support. They are suitable for beginners and those who value stability. However, this comes at a cost — not only in fees but also in trust towards a third party that controls your funds.

On the other hand, decentralized exchanges (DEX), such as Uniswap or dYdX, give the user full control over their assets. They operate on smart contracts, without intermediaries, but require a greater understanding and do not always have sufficient liquidity.

The choice depends on your priorities: control and privacy or convenience and speed?

#CEXvsDEX101