#CEXvsDEX101

Choosing between Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) is crucial for every crypto trader. CEXs offer higher liquidity, faster trades, and user-friendly interfaces but require trust in a third party. DEXs provide more control and privacy but can be slower with less liquidity. I prefer CEXs for quick trades or large volumes and DEXs when valuing privacy or unique tokens. When choosing, consider security, fees, and your trading goals. For first-time DEX users, start small, double-check contract addresses, and understand wallet connections to avoid common pitfalls. Stay informed and trade smart!