There are two ways to buy, sell, and trade crypto: centralised exchanges and decentralised exchanges. Each has different trade-offs, and understanding them matters if you want to maximise your crypto gains.
In this video, we break down everything you need to know about CEXs and DEXs and why you might need both. Plus, we reveal which exchanges we use the most, why and how we use them.
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– TIMESTAMPS –
0:00 Intro
0:55 What You’re Actually Choosing Between
4:18 Why People Use CEXs (And Why They Stop)
6:48 The Case Against
12:13 Why People Use DEXs (And Why They Hesitate)
13:58 The Case For
17:04 What We Actually Use
20:37 Our Favorite DEX
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #exchanges #defi