#CEXvsDEX101 Centralized Exchanges (CEXs) offer user-friendly interfaces, faster transactions, and deep liquidity—but require users to trust a third party with their assets. Decentralized Exchanges (DEXs), on the other hand, give users full control of their funds, enabling peer-to-peer trades on-chain. While CEXs are more convenient for beginners, DEXs align better with the crypto ethos of self-custody. Security risks differ—CEXs are vulnerable to hacks, while DEXs are prone to smart contract bugs. Choose based on your priority: ease of use or decentralization. #CEXvsDEX101$BTC
