#CEXvsDEX101

#CEXvsDEX101 💡 Let’s dive into one of the most important choices every crypto trader faces: Centralized Exchanges (CEXs) vs Decentralized Exchanges (DEXs).

Both have their strengths—and understanding when to use which is key to managing risk and trading smarter.

Here’s what I’ve learned from experience:

🔸 CEX Pros: Easier to use, higher liquidity, fiat on-ramps, customer support.

🔸 CEX Cons: You don’t control your keys, and there’s always some custodial risk.

🔹 DEX Pros: Full control of your assets, privacy, and no need to trust a third party.

🔹 DEX Cons: Can be tricky for beginners, slower transactions, and sometimes low liquidity.

✅ I tend to use CEXs for quick trades or when I need access to more pairs/liquidity. But when I want full control and am not in a rush, DEXs are my go-to.

🔍 My tips for first-time DEX users:

– Double-check contract addresses.

– Use trusted wallets.

– Start small until you get comfortable.

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