#CEXvsDEX101

Interest in cryptocurrencies and the evolution of trading systems has made the comparison between centralized exchanges (CEX) and decentralized exchanges (DEX) one of the key topics that investors must clearly understand. Centralized exchanges represent an ideal choice for beginners and users seeking ease of use, as they provide simple trading interfaces, direct technical support, in addition to high liquidity and the ability to use fiat currencies. However, they rely on intermediaries who control the funds, making them susceptible to hacking risks or regulatory freezes. In contrast, decentralized exchanges give users complete freedom to manage their assets through self-custody wallets, without the need for a third party. They also enhance user privacy by not requiring identity verification (KYC), and provide opportunities to participate in new projects as soon as they are launched. However, DEX may be less user-friendly in terms of interface and often lack high liquidity and direct technical support, making them more suitable for advanced users. The choice of the most appropriate platform depends on the user's goals, level of experience, and degree of trust in centralized versus decentralized solutions. Overall, trends indicate a gradual increase in reliance on DEX, especially among those seeking complete control over their assets, while CEX remains of interest to the majority due to its ease of use and comprehensive support.