Wanna Know about CEX vs DEX ???
1. CEX (Centralized Exchange) – Operated by companies (e.g., Binance, Coinbase).
2. DEX (Decentralized Exchange) – Peer-to-peer platforms (e.g., Uniswap, PancakeSwap).
3. Custody – CEX holds your funds; DEX gives you full wallet control.
4. Ease of Use – CEX is beginner-friendly; DEX requires wallet setup.
5. Security – CEX can be hacked; DEX reduces counterparty risk.
6. KYC – CEX requires ID; DEX often doesn’t.
7. Speed – CEX is fast due to central servers; DEX may lag on busy networks.
8. Liquidity – CEX usually has higher liquidity; DEX can have slippage issues.
9. Fees – DEX often has lower trading fees but higher network fees.
10. Control – DEX offers more financial freedom and privacy.
11. Trust – CEX needs trust in a company; DEX relies on smart contracts.
12. Popular Use – CEX for fiat on-ramps; DEX for DeFi & altcoins.