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.
It really depends on the trader. Since most of the centralized exchanges right now already require you to undergo KYC.
So if you want an easy-to-use exchange and are not concerned with centralization and security go with CEX – but I advise is to deposit only a small amount like what you will use in trading.
If you are afraid of CEX – DEX is your friend especially if you have some problem with your jurisdiction regulation, DEX will fit to you as you have more control in you and no issue about centralization at all.
I don’t know what security you are talking about. I have seen “Decentralized” platforms get hacked. Those exchanges are not 100% decentralized. The sad truth is that when it comes to Perpetual trading. Liquidity and the speed of execution of an order are very important, which centralized exchanges perform in much better their counterparts.
You also forgot to talk about on chain fees which can prove to be so high as compared to the trading fees in Centralized exchanges especially with chains such as Ethereum
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.