#CEXvsDEX101 TRADING INSIGHTS:*
*CEX vs DEX: Which Reigns Supreme?*
Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two distinct approaches to trading cryptocurrencies. Let's break it down:
*CEX:*
- *Faster transactions*: Higher liquidity and faster execution
- *User-friendly interface*: Easy to navigate for beginners
- *Custodial wallets*: Exchanges hold your assets
*DEX:*
- *Decentralized and autonomous*: No central authority controls transactions
- *Non-custodial wallets*: You hold your assets, enhancing security
- *Greater transparency*: Transactions are recorded on a public ledger
*Which exchange type do you prefer?*Follow me Share your thoughts in the comments!