#CEXvsDEX101 # CEX vs DEX: Quick Comparison

Centralized Exchanges (CEX):

- Easy to use, fast trading, customer support

- Higher liquidity, fiat on/off ramps

- Risk: custody of funds, regulatory issues

Decentralized Exchanges (DEX):

- Full control of your keys/funds, privacy

- No KYC, censorship resistant

- Risk: smart contract bugs, lower liquidity

When to use:

- CEX: Beginners, large trades, need fiat conversion

- DEX: Privacy focused, DeFi integration, avoiding centralized risks

Choose based on your priorities: convenience vs control! 🚀