#CEXvsDEX101 Centralized Exchanges (CEX) vs Decentralized Exchanges (DEX) is crucial for any market participant.

* CEX (Centralized Exchanges): Power at Your Fingertips.

* Pros: Think of them as ultra-modern digital banks for your crypto. Ease of use, massive liquidity, intuitive interfaces, and customer service to guide you. Ideal for beginners and those who prioritize simplicity and speed in currency buying/selling.

In DEX, you do not need to register to operate; you can carry out transactions without anyone knowing or being accountable, but the problem is that in the event of a claim or controversy regarding transactions, they do not take responsibility, and there are also DEXs that receive your money but never allow you to withdraw it.