Where do you safeguard your Crypto Empire? 🛡️ Choosing between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is crucial for your crypto strategy. Here’s the summary:

**CEX (Centralized):** ✅ **Pros:** Easy to use for **and **$ETH**, high liquidity, more functionalities. ❌ **Cons:** Your funds are not under your custody (third-party risk), require KYC. Ideal for beginners and quick trades.

**DEX (Decentralized):** ✅ **Pros:** You control your keys (self-custody), greater privacy, access to new tokens like **or **. ❌ **Cons:** More complex (e.g., gas fees), lower liquidity in some pairs, no centralized support.

**My preference:** CEX for fiat in/out and daily trading. DEX for long-term self-custody and DeFi exploration.

**When choosing, consider:** your experience, the amount, and your need for privacy. **Tip for DEX:** Start small! Learn about gas and always check the URLs.

Knowledge is power. Master both for a comprehensive crypto strategy.