Post
Topic
Board Nigeria (Naija)
Re: CEX or DEX - which one is better
by
Nwada001
on 01/03/2025, 22:45:47 UTC
Centralised Exchange control your funds for you while in  Decentralized Exchange you control your funds by yourself...

So Which on is better??
CEX exchanges usually have much more volume when it comes to trading volume compared to DEX, but which one you will treat and consider better is based on what you want to use it for. With DEX, you still have control over your coins until you authorise it for sales and conversion, which is different from CEX, as you need to send directly to the CEX depositor address and wait for confirmation before you can do anything with it. Their fee level also depends on which one you are making use of.