#CEXvsDEX101 🔍 CEX (Centralized Exchanges)

✅ Pros:

🔄 High liquidity – 🏦💸 more orders, faster transactions!

🚀 Convenience – user-friendly interface 🖥️ and instant order execution ⚡

📈 Additional features – staking 🏆, futures 📊, margin trading 🏹

💁 Support – you can reach out if you have questions 💬🛠️

⚠️ Cons:

🏛️ Centralized control – the exchange holds your funds 😕🔑

💀 Security risks – possible hacker attacks 💻⚠️

📜 Regulation – there may be bans 🔒👮

🌐 DEX (Decentralized Exchanges)

✅ Pros:

🔐 Full control – your funds are always under your control 🏆💳

🤖 Transparency – transactions through smart contracts 📜✅

🌍 Resilience – no one can shut down the exchange 🔥🚀

⚠️ Cons:

💧 Lower liquidity – harder to conduct large transactions 😓💰

🧩 Complicated interface – need to figure it out 🤯🔎

💲 High fees – depends on the network 📊💸

💡 Tips for beginners on DEX:

🔑 Security first – only use verified smart contracts 🛡️🔍

🎯 Study the mechanics – understand AMM 📊, liquidity 💰, and slippage 🚀

🚶 Start small – test with small amounts 🧪💵