#CEXvsDEX101 🫸 CEX vs. DEX? Learn the keys before trading 🔍
In the crypto world, choosing between a centralized exchange (CEX) and a decentralized exchange (DEX) can make a difference in your experience and security.
🔹 CEX (Centralized Exchange)
1: Operated by a centralized company
2: High liquidity and fast transactions
3: User-friendly interface for beginners
4: Subject to regulations, which provides security
❗ Funds are under the custody of the exchange
🔹 DEX (Decentralized Exchange)
1: No intermediaries: you control your assets
2: Greater privacy and anonymity
3: Operates with smart contracts on the blockchain
❗ Lower liquidity and execution speed
❗ Less regulation can mean more risk
🎯 Which to choose?
If you prioritize ease and support, choose a CEX.
If you prefer total control and privacy, a DEX might be your path.
🧩 Tip: You can combine both to take advantage of the best of each world.