๐ CEX vs DEX 101: Which Oneโs Right for You?
Whether you're new to crypto or a seasoned trader, understanding the differences between Centralized (CEX) and Decentralized Exchanges (DEX) is key to navigating the space like a pro.
๐ CEX (Centralized Exchange)
โ User-friendly interfaces
โ Higher liquidity & faster trades
โ Custodial wallets = easier recovery
โ ๏ธ Requires trust in a third party
๐ DEX (Decentralized Exchange)
โ Full control of your assets (non-custodial)
โ More privacy & permissionless trading
โ Ideal for DeFi lovers & cross-chain swaps
โ ๏ธ Steeper learning curve, slower transactions
๐ Pro Tip: Many traders use bothโ#CEX. for ease & speed, DEX for privacy and control.
Which one do you prefer, and why? Drop your thoughts below! ๐ฌ๐