#CEXvsDEX101

CEX Exchange vs DEX Exchange: Key Points

Control: CEX holds your funds; DEX allows you to keep them.

Privacy: CEX requires an ID; DEX does not require one.

Ease of Use: CEX is suitable for beginners; while DEX requires experience.

Liquidity: CEX exchange has high liquidity; while DEX may have lower liquidity.

Fees: CEX has higher platform fees; DEX has lower fees but gas costs.

Which one should I use?

CEXs: Best for beginners or for quick and large trades.

DEXs: Ideal for privacy, control, and early access to new tokens.