#CEXvsDEX101

Choose a Centralized Exchange (CEX) if you prioritize ease of use, fiat currency support, and high liquidity. CEXs are ideal for beginners and large transactions due to their user-friendly interfaces, regulatory compliance, and customer support. (Metana)

Opt for a Decentralized Exchange (DEX) if you value privacy, full control over your assets, and wish to engage in the decentralized finance (DeFi) ecosystem. DEXs allow users to trade directly from their wallets without intermediaries, offering greater autonomy and access to a broader range of tokens. (Metana)

Many users choose to utilize both: CEXs for their convenience and liquidity, and DEXs for enhanced privacy and asset control. This hybrid approach allows traders to leverage the strengths of each platform according to their specific needs.