Post
Topic
Board Nigeria (Naija)
Re: CEX or DEX - which one is better
by
Odusko
on 15/02/2025, 22:34:48 UTC
Centralised Exchange control your funds for you while in  Decentralized Exchange you control your funds by yourself...

So Which on is better??




Mr Shade
Cryptocurrency is freedom and so you have to be in full control of your crypto coins we have always been warning forks over here not to trust an exchange with their investments, and don't leave assets on an exchange is very dangerous if freed and privacy is your goal for using cryptocurrency, you have to take charge of everything regarding your assets, control your wallet and only those that you give those wallets to can know how much coins you hold in that wallet and only you have to control of any transactions that go on in the wallets. Unlike centralized platforms where your freedom is highly limited and controlled by the exchange.