CEX or DEX, which is better? ๐Ÿค”

There is no clear answer to this question. These are two different sides of the crypto exchange industry. The principles of centralized and decentralized exchanges are completely opposite.

Let's take a look at the advantages of each.

#CEX (Centralized Exchange) is:

- High liquidity

- Fast trade execution

- Regulated by authorities

- Strong community and bonus programs.

#DEX (Decentralized Exchange) is:

- Fast connection to the exchange (no KYC)

- Funds remain in the user's wallet

- Security is built into the core principle

- More resistant to attacks