Each type of exchange has its own advantages and disadvantages in terms of security, user experience, liquidity, and control. Understanding when to use which exchange is an important part of risk-aware trading.

💬 Your post may include:

· What are the pros and cons of centralized exchanges (CEX) and decentralized exchanges (DEX) based on your experience?

· Which type of exchange do you prefer? In what situations do you use it?

· What factors do you consider when choosing between centralized exchanges (CEX) and decentralized exchanges (DEX)?