#CEXvsDEX101 Centralized vs Decentralized Exchanges – What’s Right for You?
Choosing between a CEX (Centralized Exchange) and a DEX (Decentralized Exchange) is a must-know decision for any crypto trader. 🎯 Each comes with pros and cons:
🔹 CEX Pros:
✅ Easy to use UI
✅ High liquidity
✅ Fiat support & customer service
🚫 Cons: Requires KYC, custodial risk
🔸 DEX Pros:
✅ You own your keys 🔑
✅ No KYC needed, more privacy 🕶
✅ Access to new tokens early 🚀
🚫 Cons: Less intuitive, lower liquidity, gas fees
🧠 When to Use What?
Use CEX when speed, liquidity, or fiat conversion is key.
Choose DEX when you value privacy, control, and early access.