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🔍 #CEXvsDEX101 | The difference between centralized and decentralized exchanges in brief:

💠 CEX (Centralized Exchange):

✅ A broker between you and the market

✅ Easy and fast interface

✅ Direct technical support

❌ Controls your money

❌ Requires documentation (KYC)

🌀 DEX (Decentralized Exchange):

✅ Full control over your wallet

✅ No documentation or intermediary

✅ Higher privacy and security

❌ Requires more experience

❌ Speed may be lower at times

🚀 Which is better?

🔸 For beginners: CEX is better for its simplicity

🔸 For experienced users and wallet holders: DEX gives you complete freedom

💡 Tip:

Use both wisely according to your goal, and diversify your risks!

#Crypto #Trading #Bitcoin #Ethereum #Blockchain #Trading_Platforms