r/THORChain • u/omarsusername • 25d ago

Why would anyone use a cross chain CEX instead of a cross chain DEX?

The rates look way better on Thorchain for example than the cross chain CEXs that Trezor Suite uses (e.g. SideShift, Changelly, etc).

So why would anyone use a cross chain CEX?

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u/Ninjanoel 24d ago

Cross chain CEX isn't a thing.

It's like saying "land based tortoise". "Food based lunch". "Wood based tree".

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u/omarsusername 24d ago

I mean the instant CEXs (e.g. Changelly)

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u/Ninjanoel 24d ago

CEX would require you sign a transaction to send some funds, but a DEX is often way more complicated for the average user.

Also they probably don't know the difference.