I don't know if this has been discussed but it bothers me this days because of the way government is controlling the CEX and we the users of those services are at the receiving end. We suffer the most by high charges and with bogus KYC and threatening to block and restrict our accounts if the KYC is not done. Vendors in those CEX negotiating price seriously when they have advertise the prices they will use to buy the coins, yet they still price and that becomes unfaithful to the ToS.
CEX restricting, frozen and blocking people accounts if the coins come a casino and they send it as multiple sending to many accounts. But if it is DEX, all those nonsense would not happened. But to see good and easy with good price DEX exchange is the problem here.
Can you tell the DEX that is easy, good prices to use?
DEXs were my wish back in 2017 because I never wanted to complete KYC on CEXs. Back then, I believed crypto was completely anonymous, and I wasn't ready to provide my information to CEXs. Unfortunately, in 2017, there weren't any sufficiently large or reputable DEXs. EtherDelta was the first DEX I knew about, but it wasn't user-friendly at all. KyberNetwork introduced a more modern DEX idea but wasn't popular either.
After UniSwap and PancakeSwap became popular, DEXs became more user-friendly and became an option for crypto investors. However, my perspective has also changed, and I prefer using CEXs with lower transaction fees, only 0.1% instead of 0.25% + on-chain fees.
If investors want to use DEXs, they should look to the top DEXs in each ecosystem to get the best liquidity and avoid the risk of scams.