#CEXvsDEX101 looks like you're diving into the world of crypto and finance with the hashtag #CEXvsDEX101. Let's break it down:

*CEX* stands for Centralized Exchange, like Binance or Coinbase, where a central authority manages transactions and holds your assets.

*DEX* stands for Decentralized Exchange, like Uniswap or SushiSwap, where transactions happen directly between users without a central authority.

*Key differences:*

- *Control*: CEXs offer more control and security measures, while DEXs give users more autonomy and privacy.

- *Security risks*: CEXs are more vulnerable to hacking and regulatory risks, while DEXs are more susceptible to liquidity and smart contract risks.

- *Fees*: CEXs often have higher fees, while DEXs can have lower fees but may require more technical knowledge.

Which side are you on: CEX or DEX?