#CEXvsDEX101

Comparison between Centralized (CEX) and Decentralized (DEX) Cryptocurrency Trading Platforms. Centralized platforms act as intermediaries, holding users' funds and providing ease of use and high liquidity, but they require trust in a third party and are subject to regulation. In contrast, decentralized platforms allow users to have complete control over their private keys and funds, conducting trades directly between parties (peer-to-peer) on the blockchain, which increases security and privacy but may be less user-friendly and liquid. The debate is ongoing regarding the advantages and disadvantages of each type, with some preferring the ease and convenience of CEX while others believe that DEX embodies the true spirit of decentralization in the crypto world. The choice between them depends on user preferences and needs in terms of security, liquidity, and ease of use.