Schimburi Centralizate vs Descentralizate - Care este Potrivit pentru Dvs.?
Understanding the fundamental differences between centralized exchanges (CEX) and decentralized exchanges (DEX) is crucial for every crypto trader. This guide compares both types to help you make informed decisions.
A Centralized Exchange (CEX) is a cryptocurrency trading platform operated by a company that acts as an intermediary between buyers and sellers. Examples include Binance, OKX, Bybit, and Coinbase.
A Decentralized Exchange (DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders without intermediaries. Examples include Uniswap, dYdX, Jupiter, and Raydium.
Exchange holds your funds
You deposit funds to the exchange wallet. "Not your keys, not your coins" applies.
Self-custody
You connect your own wallet and maintain full control of your assets.
KYC Required
Identity verification mandatory for trading and withdrawals.
No KYC
Trade anonymously by simply connecting your wallet.
Centralized Security
Exchange manages security. Risk of hacks, but funds often insured.
Smart Contract Security
Relies on audited smart contracts. Risk of exploits but no single point of failure.
High Liquidity
Deep order books, tight spreads, and fast execution.
Variable Liquidity
Depends on liquidity pools. Major pairs are good, others may have slippage.
0.02% - 0.1%
Low fees, discounts available with referral codes like TRADEOFF20.
0.1% - 0.3% + Gas
AMM fees plus blockchain gas fees which vary by network.
Full Featured
Spot, futures, margin, copy trading, earn products, and more.
Growing Features
Primarily swaps. dYdX offers perpetuals, some have limit orders.
CEX offers easier UX, fiat on-ramps, and customer support.
CEX has better liquidity, lower fees, and advanced order types.
DEX allows anonymous trading without KYC requirements.
DEX lists tokens immediately without waiting for CEX approval.
DEX integrates directly with DeFi protocols for yield opportunities.
Use CEX to buy, then transfer to self-custody or DEX wallet.
Traditional exchanges operated by companies
Peer-to-peer trading via smart contracts
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