๐ Crypto Trading Fundamentals Deep Dive: #CEXvsDEX101
When it comes to trading crypto, one of the most important decisions youโll face is choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX).
Each has its strengths and trade-offs:
๐ CEXs offer better liquidity, faster execution, and customer supportโbut require trust in a third party.
๐ก๏ธ DEXs prioritize user control and transparency but may come with a steeper learning curve and lower liquidity.
Choosing the right one depends on your priorities:
๐ Are you trading large volumes and need deep liquidity?
๐ Do you value custody of your own assets and privacy?
๐ฏ Or maybe it depends on the specific asset you're trading?
๐ฌ We'd love to hear from you:
