CEX vs DEX: What’s the real trade-off?
👑 CEX (Centralized Exchange)
• Easy UX
• High liquidity
– You trust a third party
– Prone to hacks & freezes
🌀 DEX (Decentralized Exchange)
• You control your keys
• Permissionless, borderless
– Higher learning curve
– Slippage & fake tokens risk
Not better. Just different. Know when to use each.
#CEXvsDEX101 #CryptoBasics #DYOR