Post
Topic
Board Nigeria (Naija)
Re: CEX or DEX - which one is better
by
Smartvirus
on 15/02/2025, 22:59:52 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

If na in terms of storage you Dey talk because, na the idea your OP carry be that. I go like make you know say, exchange no be wallet. Na for wallet we Dey store, keep or hodl coins, no be for exchange. CEX and DEX, both na exchanges them be and them get their use cases and advantages based on individual interactions with the exchanges.

CEX Dey stay in control of how business is run on their platform and also resolve wahala way fit arise due to default on contracts by players in a p2p deal,
DEX, nothing like that. You control everything but still have to play your card wella make matter no cast and e no Dey that user friendly.