#CEXvsDEX101 🏛️ – Centralized or Decentralized Exchange?
Both have advantages, but it depends on what you are looking for 🔍.
🟡 CEX (Centralized Exchange):
Easier to use.
High liquidity and speed.
Customer support.
But... they hold your funds.
🟣 DEX (Decentralized Exchange):
Total control of your crypto 🔐.
More privacy.
You can list new tokens.
But it can be complex and have less liquidity.
CEXs are ideal for beginners and fast trading. DEXs are for those who value autonomy and decentralization. Many traders use both depending on their needs.
What do you prefer? Comfort or total control? 🤔