#CEXvsDEX101

CEX vs DEX means CEX uses KYC and DEX does not use KYC.

The CEX platform is an exchange similar to Binance and the like.

While DEX can be found in platforms like Uniswap, dYdX, and others.

We can also swap through wallets like Metamask and others for limited spot trading. Each has its own advantages and disadvantages, from gas fees and transaction costs to the completeness of features on each platform. It all comes back to the trust of users in the platform. The ease of UI and lightweight interface, as well as rewards and bonuses, also influence this. The completeness of coins also supports, in addition to security and customer service. Binance is my choice, how about you? DYOR