Which Is The Better Crypto Exchange?
Crypto trading occurs on two kinds of exchanges: centralized (CEX) and decentralized (DEX). Both enable you to buy, sell, and exchange digital currencies, but they operate differently. While some like the ease of CEXs, others opt for DEXs to have more control over their funds and better privacy.
You must understand the differences between the two types of crypto exchanges before you start trading. Both have their pros and cons. In this guide, we will be comparing CEX vs DEX to explore which is better for you.
What are Centralized Exchanges (CEX)?
Centralized Exchanges, commonly called CEXs, are online platforms where individuals can purchase, sell, or trade cryptocurrencies such as Bitcoin and Ethereum. These are managed by a single…
