#CEXvsDEX101

#CEXvsDEX101: Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) represent two distinct methods of crypto trading. CEXs, such as Kraken or Binance, manage user assets and transactions through a central authority, offering convenience, speed, and customer support. On the other hand, DEXs like SushiSwap or Curve operate without intermediaries, enabling users to trade directly from their wallets, enhancing privacy and ownership. However, they may lack user-friendliness and have lower trading volumes. Understanding their differences helps traders pick the right platform based on preferences for control, transparency, and user experience.