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RE: DEX Gaining Ground on CEX

in LeoFinance9 months ago

Hit the nail on the head with this one! I only use the CeX when I want to bring fiat in from my bank and I just buy USDC/USDT. Then I send to private wallet so I can engage in the DeX as I see fit with less fees and many more trading pairs. Pancakeswap on BNB Smart Chain is my favorite DeX to trade on.

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That is what I do. I do not trade any crypto-to-crypto on a CEX.

I'll trade crypto-to-crypto on a CeX if they have free trades. For example, for quite some time BinanceUs was offering no-fee trades on its BTC and ETH stablecoin pairs.