With cryptocurrency, users have access to innovative digital payments that offer secure and modernized solutions. For a more user-friendly experience in the crypto space, CEXs are an easy point of entry. Additionally, customers can benefit from customer support if needed. DEXes provide advantages better suited for experienced traders who prioritize decentralization over convenience. These exchanges do not involve central authorities or third parties, thus offering enhanced security through greater personal control of funds stored on and traded on them.
In this episode, Mr Machut will discuss The Crypto Cake - CEX vs DEX.