CEX VS DEX —- What Is Your Better Choice?
As one of the core industries in the blockchain business, trading platforms have always been the most deadly battlefield. There are currently tens of thousands of cryptoexchanges in operation worldwide.
In the world of cryptoexchanges, there are centralized exchanges (CEX) and decentralized exchanges (DEX). The development history of centralized exchanges has been written since 2012, and because CEX usually has a comprehensive list of tokens, fast transactions, and good quoted depths, most crypto players have at least one CEX account.
The most crucial advantage of decentralized exchanges is security, because all user assets are on the chain and users have control over their tokens. The exploding phenomenon of blockchain last year —- DeFi, pushed DEXs one step forward. But in contras...