CEXs and DEXs in 2025: Insights from CoinGecko, Gate.io, and PancakeSwap Leaders
Decentralized exchanges (DEXs) are growing in appeal amongst crypto users. In the previous year, DEXs have actually created considerable competitors for central exchanges (CEXs) that presently manage trading.
In a discussion with BeInCrypto, market professionals from CoinGecko, Gate.io, and PancakeSwap stated they anticipate DEXs to grow in 2025 however likewise recommended that CEXs will still be leading competitors for newbies.
The Success of CEXs and DEXs
Given that the start of crypto trading, CEXs like Coinbase and Binance have actually controlled the crypto market. These exchanges presently collect over 300 million users integrated, providing high liquidity, and acting as user friendly platforms for junior traders.
In the previous year, DEXs have actually likewise acquired moment...