Is a centralized exchange (CEX) or a decentralized exchange (DEX) better when it comes to buying and selling cryptocurrencies? CEXs operate like traditional stock markets based on an order book. Think of them like an open market with a central authority matching buyers and sellers. DEX on the other hand doesn't have a central authority to keep track of an order book and match orders, so it had to devise a different approach to facilitate price discovery. Get familiar with them and find out which one's for you!
Links Mentioned
Explore crypto exchanges - [ Ссылка ]
Explore DEXes [ Ссылка ]
Article on CEX vs DEX - [ Ссылка ]
Timestamps:
00:00 Intro to crypto exchange
1:05 Centralized Exchange (CEX)
2:20 Decentralized Exchange (DEX)
04:32 Access
05:11 New features
05:57 Regulatory requirements
06:33 Security
07:15 Liquidity
08:15 Fees
08:42 Popularity
09:02 Anonymity/Pseudonymity
09:23 Fiat onboarding
09:50 The future for CEXes and DEXes
09:23 Fiat onboarding
11:09 Should you choose a CEX or DEX?
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#DEX #CEX #exchange #crypto #Binance #Coinbase #FTX #UniSwap #Curve
CEX vs DEX: Which Crypto Exchange Is Better?
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