#CEXvsDEX101 CEX vs DEX: What's the difference?
Centralized Exchanges (CEX):
- Managed by a central authority
- Faster transactions
- User-friendly interface
- Custodial, holding your assets
Decentralized Exchanges (DEX):
- Operate on blockchain
- Trustless, non-custodial
- Often slower transactions
- Greater security and control
Choose CEX for convenience or DEX for autonomy. Which one suits your trading style? Share your thoughts!