#CEXvsDEX101 Centralized vs Decentralized Exchanges: What to Choose?

CEX (centralized exchanges) are convenient, offer high liquidity and user protection, but require trust in the platform and may restrict access. DEX (decentralized exchanges) provide freedom and anonymity but are often complex to use and subject to high fees.

The choice depends on your goals: for quick trading, CEX is better; for control over funds — DEX. When choosing, pay attention to security, fees, and token support.

Advice for beginners: study the mechanics of DEX, use reliable wallets, and be mindful of the fees.

What do you prefer? 🚀