A DEX allows users to trade directly with each other, while a CEX requires users to trade through the exchange.

This means that you have to literally hand over your money, token, or investments and trust that the exchange will be a good person that won’t suddenly try to take you money from you like what happened with FTX’s Sam Bankman-Fried.

A DEX is typically more secure than a CEX, as it is not subject to the same hacking risks and definitely not subject to the same problems that human greed can cause.

However, a CEX is usually faster and easier to use. Uniswap and Biswap are two popular DEXes, while Coinbase is a popular CEX.

Pancake Swap is another popular option for those looking to trade cryptocurrencies.

Coinbase is a digital currency exchange headquartered in San Francisco, California.

Coinbase is a digital currency exchange headquartered in San Francisco, California.

They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Coinbase is both secure and regulated. They are one of the most popular exchanges in the world and are compliant with all applicable laws and regulations.