#CEXvsDEX101 CEX vs DEX 101: Which is Better?

Centralized exchanges (CEX) are platforms where trading is controlled by a single company. They are convenient, have high liquidity, and a simple interface. However, the user trusts the exchange with their funds, which can be a risk. Decentralized exchanges (DEX) operate without intermediaries. The user retains full control over their assets, and transactions occur directly between wallets. DEX are safer, but have lower liquidity and can be more complex for beginners. When choosing between CEX and DEX, it's important to consider convenience, security, and your own experience in the cryptocurrency world.