Dex every time for mainnet or base
CEX if it’s a chain like Celestia / Noble USD where the liq is so low you cop a 10% slippage haircut trying to escape on any swaps over 1k 💀
I don’t really trust most CEX tho due to erratic KYC / AML traps that are more risky
Offramping into my bank account holds even more surprises in Australia (fees)
Depends on the buy. Larger purchases are better most of the time on a cex because of liquidity, slippage, and gas fees.
I do everything i can via rainbow - so easy ! I just want easy things
I prefer using DEX aggregators, especially DeFiLlama:**
However, in some rare cases (around 1 in 200–500 transactions), I might opt for a centralized exchange (CEX) for convenience or when a DEX lacks sufficient liquidity to provide a favorable swap rate
Are we here for decentralization or are we here to continue what we doing today?
Decentralized exchanges are far better. Even ETH layer 1 is cheaper than a trade on Coinbase. I only use CEX to get in/out of fiat and even then I trade to usdc before going into the exchange.
To be honest for me it's mainly platform usability, speed and fee dependant. But, I have to say recently I've enjoyed using relays instead, very fast, easy and cheap. I mainly use relay.link 🙌🏾
Decentralized exchanges. Bridges have make is so easy to swap and easily move from chain to chain.