#CEXvsDEX101
🔁 #CEXvsDEX101 – Centralized vs Decentralized Exchanges 🔁
When it comes to crypto trading, choosing the right exchange type can shape your entire experience. Here’s a quick comparison:
🏛 CEX (Centralized Exchange)
✔ User-friendly interface (great for beginners)
✔ High liquidity & fast trades
✔ Customer support available
❌ Requires KYC & trust in the platform
🔐 Your keys = their custody
🧩 DEX (Decentralized Exchange)
✔ Full control of your funds (non-custodial)
✔ No KYC, privacy-friendly
✔ Open & permissionless
❌ Lower liquidity & slower transactions
❌ Requires more technical knowledge
💬 My pick? I use both depending on the situation. CEX for quick trades and ease of use, DEX when I want full control and privacy.
✅ The best strategy: Understand both and choose based on your goals, values, and risk appetite.
What’s your preference and why?
Drop your thoughts below 👇
#cryptotrading
