#CEXvsDEX101 Advanced Features: Access to sophisticated trading tools, margin trading, and futures.

Centralized Security: Subject to stringent security measures (like 2FA and KYC) to protect user funds.

However, there are some downsides: you don't hold your private keys, meaning you rely on the platform to secure your assets. They're also subject to regulation, which can impact privacy.

Decentralized Exchanges (DEX): Control and Privacy

DEXs offer a fundamentally different approach. There's no central intermediary; trading happens directly between users (peer-to-peer) via smart contracts on a blockchain. Key advantages include:

Full Control: You always hold your private keys, meaning you are the sole owner of your