#CEXvsDEX101
🔍 — Understand the Essential Differences
Have you ever wondered what the difference is between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)?
CEX: controlled by a company, offer high liquidity, faster transaction speeds, and customer support, but require trust in the platform.
DEX: allow trading directly between users, providing more privacy, control over your assets, and less vulnerability to centralized attacks.
Both have distinct advantages and risks. Your choice depends on your priorities: security, control, convenience, or liquidity.
Which do you prefer: Centralized (CEX) or Decentralized (DEX)? Comment below! 🔄🛡️