#CEXvsDEX101 📊 CEX vs DEX: What Every Crypto-Investor Should Know 🔍
In the world of cryptocurrencies, there are two main categories of exchange platforms:
👉 CEX (Centralized Exchange)
👉 DEX (Decentralized Exchange)
Here is a clear comparison to help you make the right choice according to your needs 👇
⚙️ Control of Funds
CEX: Your funds are managed by a company (e.g., Binance, Coinbase).
DEX: Your keys, your cryptos. The total control is yours.
🚀 Ease & Speed
CEX: Simple interfaces, quick transactions, dedicated customer service.
DEX: Less intuitive, but offers direct access to many tokens.
🔐 Security & Privacy
CEX: Risk of hacking, KYC often required.
DEX: More private, but you are solely responsible for the security of your funds.
📈 Liquidity & Innovation
CEX: High liquidity, but more regulated.
DEX: Freedom to access emerging projects, but with sometimes lower liquidity.
🧠 To Remember:
"Not your keys, not your coins."
👉 If you are looking for simplicity, start with a CEX.
👉 If you prioritize autonomy, explore DEX.