#CEXvsDEX101 CEX (Centralized Exchange) vs DEX (Decentralized Exchange): Here's a quick comparison:

*CEX:*

1. *Centralized platform*: Operated by a single entity.

2. *Order book*: Buyers and sellers meet through an order book.

3. *High liquidity*: Typically offers high trading volumes.

4. *User-friendly interface*: Easy to navigate for beginners.

5. *Security risks*: Holds users' funds, vulnerable to hacks.

*DEX:*

1. *Decentralized platform*: Operates on blockchain, no central authority.

2. *Automated market maker*: Trades executed through smart contracts.

3. *Lower liquidity*: Trading volumes can be lower.

4. *More complex interface*: Requires some technical knowledge.

5. *Enhanced security*: Users control their funds, reduced risk of hacks.

*Key differences:*

1. *Control and security*: CEX holds funds, while DEX users control their assets.

2. *Liquidity*: CEX typically offers higher liquidity.

3. *User experience*: CEX is often more user-friendly.

*Choose CEX for:*

1. *High trading volumes*

2. *Ease of use*

3. *Advanced trading features*

*Choose DEX for:*

1. *Enhanced security*

2. *Decentralization*

3. *Control over funds*

Which one do you prefer?