#CEXvsDEX101

🚨 CEX vs DEX — What’s Riskier? 🤔

Before you trade your $BTC , $ETH , or $SOL , understand the risks behind where you trade 👇

🧷 Centralized Exchanges (CEX) Risks:

You don’t hold your keys 🗝️ – If the exchange is hacked, mismanaged, or collapses (like FTX), your funds can vanish.

Prime targets for hackers 💻 – Billions have been lost from CEX hacks.

Single point of failure – Server down = no access to your funds.

Regulation drama – Governments can freeze accounts or shut them down.

Privacy issues – Your KYC data can get leaked. 👀

🔐 Decentralized Exchanges (DEX) Risks:

Self-custody – You lose your keys, you lose your crypto.

Smart contract bugs 🐞 – A small code error = big losses.

Front-running by bots – On-chain trading isn’t always fair.

Low liquidity = high slippage – You may not get the price you want.

No customer support – You’re on your own if things go wrong.

💡 Summary:

CEX = convenience but risk of central failure.

DEX = more freedom but needs more caution.

Which one do you use more? Drop a 💬

🔁 Share this with someone who needs to know.

📌 Disclaimer: Not financial advice. Always DYOR before investing.