How is STON.fi different from centralized exchanges like CEX?

The main difference is that STON.fi is decentralized, while platforms like Binance or Coinbase are centralized.
On centralized exchanges, you must deposit your crypto into the platform’s wallet, effectively giving up direct control over your funds. If the platform is hacked, restricted, or shut down by regulators, you could lose access to your assets.

On STON.fi, your funds always remain in your wallet until you confirm a transaction — making the system inherently safer. Another key difference is privacy: there’s no need to create an account, pass KYC, or share personal information. Swaps occur directly between wallets through liquidity pools, without intermediaries or custodial risks.

Fees on STON.fi are typically lower because the platform operates on the TON blockchain, known for its high efficiency and minimal gas costs. While centralized exchanges may offer more advanced analytical or margin features, STON.fi delivers a trustless, transparent, and secure swapping experience. For many users, this balance of control, cost efficiency, and security makes decentralized swapping the smarter choice.