Quote from: Crypto_Potato on May 15, 2024, 02:24:05 PM

These days I buy most of my tokens especially altcoins on decentralised wallets like Jupiter or metamask and I only trade on CEXs when they list tokens I already own and I send my tokens there

The only time I buy tokens on CEXs with my credit card is when exchanges have zero fees events or events like a rebate on a deposit you make like the one Bitget currently have and other CEXs like Binance, kucoin etc.

Do you guys think CEXs are still worth it? Let me hear your thoughts

I am confused about the reason why you buy your coin with self-custody and still have to send it to CEX just because of fees. Won't they charge you for buying through Jupiter or Metamask? Certainly, they will. The gateway companies used and even the credit/debit card companies will charge you more.

This is unless I am missing some points in your statement. I think that it will be fair for you to even use the CEX to send the crypto in and send it to your self-custody wallets for keeping and sending it back if there is a need for it. By then, you might have reduced the amount of money you would have been charged to some extent.

Through P2P, you can get your coin/token without any charges, and if you cannot get it directly through P2P due to the lack of popularity of the coin, you can easily exchange the popular ones you can buy through P2P for the coin/token of choice with a reduced rate. This is what I do though, and it is cool unless you have another reason for doing what you explained other than for the charges considerations.