CEX vs DEX: Which Is Better?
Determining whether a CEX or a DEX is better depends on your specific needs and preferences as a trader.
Choosing a CEX
You might prefer a CEX if:
You are a beginner trader looking for a user-friendly platform.
High liquidity and a wide range of trading options are important to you.
You value regulatory assurances and trust in a centralized authority.
Margin trading and advanced trading features are essential to your trading strategy.
Opting for a DEX
You might choose a DEX if:
You prioritize self-custody and control over your funds.
Privacy and anonymity are important to you.
You are interested in early-stage projects and unique token offerings.
Lower trading fees and reduced dependence on a central authority are appealing.
