⚖️ Where is it safer and more profitable: centralized or decentralized exchanges?
Crypto investors constantly choose between two worlds:
🏛 CEX (Centralized exchanges)
🔹 Convenient: simple interface, fiat gateways
🔹 Fast: high volumes, low spreads
🔹 Reliable (if the exchange is large and licensed)
❗Cons:
— KYC, storage of keys with the exchange, risk of account freezing
🧠 Examples: Binance, OKX, Bybit
🌐 DEX (Decentralized exchanges)
🔸 You manage your assets
🔸 No intermediaries, KYC, or blocks
🔸 Can trade tokens that are not available on CEX
❗Cons:
— More complicated for beginners, higher fees (especially on the ETH network), risk of fake tokens
🧠 Examples: Uniswap, PancakeSwap, 1inch, Jupiter
💡 Conclusion:
📌 CEX — if you are a beginner, trade in large amounts, or want fiat
📌 DEX — if you value privacy, manage your own keys, and know how to use DeFi
💬 Where do you trade more often?
CEX or DEX?
And why — convenient, safe, or just familiar?