#CEXvsDEX101

Ever wondered what sets Centralized Exchanges (CEXs) apart from Decentralized Exchanges (DEXs)? 🤔 Let’s break it down:

🔹 CEX (Centralized Exchange)

✔️ User-friendly

✔️ Faster trades

✔️ High liquidity

❗ Requires trust in a central authority

🔹 DEX (Decentralized Exchange)

✔️ Full custody of your crypto

✔️ Permissionless & borderless

✔️ Transparent on-chain trading

❗ Slower execution, limited pairs