Perpetual DEXes and centralized exchanges (CEXes) are two popular ways to trade cryptocurrencies. While both have their advantages and disadvantages, a closer look at each platform's features can help investors make a more informed decision about which one to use.

Pro's and Con's of Perpetual DEXes

Perpetual DEXes operate on a decentralized infrastructure, offering users more security and less risk of censorship. Users control their funds at all times, reducing the risk of theft and fraud. Perpetual DEXes also offer a more diverse set of financial instruments, including derivatives such as perpetual swaps, futures, and options. However, perpetual DEXes can have limited liquidity, and users may experience slower transaction times due to network congestion.

So it is necessary to build up enough liquidity, draw the attention of traders and provide a better user experience to get the most out of it.

Pro's and Con's of Centralized Exchange

CEXes are operated by a centralized entity, offering users more convenience and faster transaction times. CEXes also typically have higher liquidity, making it easier for users to buy and sell cryptocurrencies. However, CEXes are more vulnerable to hacks and thefts, as user funds are held in a central location. CEXes also often have higher fees, especially for margin trading, which can eat into profits and discourage smaller traders from participating in the market.

The Benefits of Perpetual DEX Trading

One of the significant advantages of perpetual DEX trading is the ability to trade cryptocurrencies without the need to deposit funds onto the exchange. This non-custodial nature makes perpetual DEXes more secure, as users control their funds at all times. Perpetual DEXes also offer more transparency, as all transactions are recorded on the blockchain, providing a clear and immutable record of all trades. Perpetual DEXes typically have lower trading fees than CEXes, making them more accessible to users with smaller trading volumes.

The Benefits of Centralized Exchange (Margin Trading)

Margin trading is a popular feature on CEXes, allowing users to trade with borrowed funds, magnifying potential profits (and losses). This feature is not available on perpetual DEXes, making CEXes more attractive to traders who want to leverage their positions. CEXes also offer faster transaction times and higher liquidity, making it easier for users to buy and sell cryptocurrencies. Also, CEXes are more centralized and thus more vulnerable to hacks and exit scams.

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By September 10, 2023, the price of Perpetual Protocol is expected to fall by -8.24% and reach $ 0.745930, according to our most recent price prediction. Our technical indicators indicate that the market is currently bullish, despite the Fear & Greed Index reading of 42 (Fear). Over the previous 30 days, Perpetual Protocol recorded 15/30 (50%) green days and 11.22% price volatility. According to our Perpetual Protocol forecast, the time to buy Perpetual Protocol is right now.

The predicted annual low Perpetual Protocol price for 2024 is pegged at $ 0.692970 based on historical price alterations and BTC halving cycles. Perpetual Protocol's price is anticipated to rise in the meantime.

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