🚀 CEX vs DEX 101: Which One Should You Choose?
When it comes to crypto trading, you have two main options: Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs). Each has its own advantages and trade-offs—so which one is right for you?
🔹 CEX (Centralized Exchange)
✅ User-Friendly – Easy to use with sleek interfaces.
✅ High Liquidity – Faster trades with deep order books.
✅ Fiat Support – Trade crypto with traditional currencies.
⚠️ Requires KYC – Identity verification needed.
⚠️ Custodial – The exchange holds your funds.
🔹 DEX (Decentralized Exchange)
✅ Non-Custodial – You control your assets.
✅ Privacy-Focused – No KYC required.
✅ Permissionless – Open to anyone with a wallet.
⚠️ Lower Liquidity – May experience slippage.
⚠️ Complex for Beginners – Requires blockchain knowledge.
⚖️ Which One Should You Use?
Choose a CEX for convenience, speed, and fiat access.
Go for a DEX if you value privacy, control, and decentralization.
💡 Understanding both helps you trade smarter!
