Weighing the Pros and Cons: Perpetual Trading on CEX & DEX
Weighing the Pros and Cons: Perpetual Trading on CEX & DEX
When it comes to perpetual trading, I’m torn between centralized exchanges like Bitget, Binance, or Bybit, and decentralized exchanges like ZKX.
CEXs offer leverage, user-friendly interfaces, and advanced tools, but DEXs provide security, decentralization, and control over funds. While CEXs have better liquidity, some DEXs like ZKX are catching up. Ultimately, it depends on personal priorities and trading styles. If leverage and UX matter most, CEXs might be the way. But if security and decentralization are key, a DEX like ZKX is the better choice.
What’s your experience with perpetual trading across these platforms? You prefer dex or cex.
What you called DEX are not decentralized at all. You can browse and read about how they work and see how centralized they also are but not completely centralized like those centralized exchanges but also they are not decentralized. If it is about security, those DEX can be hacked also. We have seen CEX that were hacked and also there have been DEX that were hacked.