CEX vs DEX: Which Crypto Exchange Is Better?

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

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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[emaconutube]

Thanks for taking the time to breakdown CEXs vs. DEXs is such a simple and concise manner … much appreciated!

[JimmyDeathless]

Fire as always! The main thing is not to disappear, continue in the same spirit! I wanted to ask you, as one of my YouTube influencers, what do you think about the Botplanet project? Everyone is building in one place and in general, everything is going well, I want to understand what are the disadvantages of the project in order to make a more informed decision regarding investments in this project

[Walid-Cryptopedia]

- My dad enters the room
- you say: let's explain how sex and dex work :(

[MatriXU_]

Clear explanation the differences two crypto exchanges. Thank you great work!

[dawnp]

Good job explaining I'm going to rewatch so I can learn.

[sophoclesgeorgiou]

Brilliant explanation between Cex and Dex thanks😊

[mishaharmanvand]

Only decentralized crypto exchange CRP IS can provide complete anonymity

[zeddicuszorander]

Thanks for the video & I believe that both are very impossible on their accord tho I preferred CEX over DEX on the reasons that they are the large trading volumes & I chose MEXC as my preferred CEX cos it is the most secured CEX atm with a 0 incidence of security breach. NFA.

[QueensHoneyFarmJa]

Hello so I have a question... If I reach at a point where I now have to pay a fee towards DEX the next step is doing a withdrawal

[justinborgan]

Hard to raise significant funds on a DEX at this point though. This isn't 2017. Have to get that CEX listing nowadays

[hasnaintips]

So Ma'am you mean we must submit kyc to start trading in CEX and if we want to start trading in DEX we can trade without any Kyc submitting ?!

[AryanKhan-mx]

Can anyone tell me how to transfer USDT from BitGet wallet to Binance? I only have a seed phrase: scrub know faith win siren become slot notice chuckle shift few extra

[DD-mrtk]

couldn't someone explain better than that.

[zahidishaq]

I have coingecko candies but i used wich Site plz ans must plz dear

[JesusIsLord]

New to this all.
I'm with Coinbase. That would be CEX.
If I go to their wallet. Would i go to a DEX platform. ?
Thx much.

[JesusIsLord]

Hi, did you say you can't by crypto on DEX with cash from bank account?
If so, how do you buy crypto on a DEX?
Thx much.

[antoines]

Amazing video. Helped so much.
I do have one question though...
When someone purchases crypto on a CEX, on which blockchain will the transaction be recorded?
Does it depend on the crypto the user is purchasing?
Finally, are CEX and DEX connected to multiple blockchains?

[ethones]

In minute 3 i decided to pay attention to what you say after i wake up to watch you how cute you are 👀

[yuliyasunny]

I want to thank you for sharing useful information with others. Have you already heard about the new project #BOTPLANET - ECOSYSTEM . I would like a reviewer! Good luck to you!

[techmelts]

Please fight a dude I want to see. Bruh