Decentralised exchanges taking on centralised counterparts. Which one should you choose?

economictimes.indiatimes.com:

DEXs) have their own benefits over the centralised exchanges (CEXs). Among the pros, limitless crypto trading pairs and higher yield are a big advantage, whereas difficult experiences and unlimited risk draw as the major cons for the same. According to a latest report from Chainalysis, Web3 users sent $224 billion in on-chain value to DEXs, outstripping centralised exchanges which contributed for $175 billion for the from April 2021 to April 2022.

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The transaction volumes at centralised and decentralised exchanges are closely correlated with market performance. But with the recent market slump, the amount sent to both exchange types declined. The balance first shifted away from centralised to decentralised exchanges in September 2020, when centralised exchanges supported below 50 per cent of on-chain volume for the first time. The downward spiral in trading volume figures do not speak much about the bottomline, but they do highlight the fact the DEXs have emerged as a viable alternative to the CEXs and investors are openly accepting the offering. Shivam Thakral, CEO, BuyUcoin, said that many experienced investors in the space use DeXs to invest in cryptos vs crypto trade which has led to inflation in volumes of these platforms. However, it raises a serious threat over the regulations possibilities amid the rising popularity. Decentralised exchanges are self-executing, and for better or for worse lack the human element of centralised exchanges. This makes their regulation hard. Ordinary investors will pay more attention to the stability,