#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, offers high liquidity, faster transaction speed, and customer support, but requires trust in the platform.

DEX: allow direct trading between users, providing more privacy, control over your assets, and lower 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!