#CEXvsDEX101 — Which exchange to choose? 🤔
Centralized Exchanges (CEX) are fast, user-friendly, and have high liquidity 💨, but you trust the exchange with your funds 🔒.
Decentralized Exchanges (DEX) let you control your own assets 🔑, but the interface can be more complex and fees might be higher ⚠️.
My advice:
For large amounts and quick trades — CEX 💼. For experimenting and more control — DEX 🔍.
For DEX beginners:
🚀 Start small
🔍 Double-check token addresses
🔒 Keep your keys safe
💸 Watch out for fees
In short, choose the exchange that fits your needs and always think about security. What do you prefer? Share your experience and tag #CEXvsDEX101 — it helps everyone get better at trading!