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Crypto Exchanges / Re: CEX vs DEX: The neverending discussion
« on: Today at 09:28:47 AM »When people ask the usual CEX vs DEX question and I pick CEX they often talk smack about my answer saying they will pick DEXs anytime cause they prefer having complete control over their assets. It's a very valid reason but the steady influx of events on CEXs is enough for me to pick CEX, call me a brokie but that's just what I need hahaha.
An example now is one deposit event on Bitget I just saw. I won't be saying much about it but it has a million dollars of trading bonuses and BTC as its reward. Why will I choose DEXs over CEXs in that case? Besides, I don't even have enough assets to be worried about hahaha. What do you guys think though, weighing what both offer which will you choose, CEXs or DEXs?
I agree on your opinion on picking CEX over DEX but both exchange have their own pros and cons but the pros on the CEX outweighs the cons as far as i'm concern. If we have limited crypto or shall we say not much then CEX is preferable but if you have millions worth of crypto then i think DEX is the better choice but one way or another we need CEX to convert our crypto into fiat, that is per my experience.