Chose Wisely ❗️❗️❗️Choosing between Centralized (CEX) and Decentralized (DEX) Exchanges is a crucial decision for every crypto user. CEXs offer convenience, higher liquidity, and often better fiat on/off-ramps, making them great for beginners or quick trades. However, they come with custodial risk and KYC requirements.
DEXs, on the other hand, provide true self-custody and greater privacy, aligning perfectly with crypto's core principles. While they might have less liquidity and a steeper learning curve, they empower users with direct control over their assets. I prefer CEX for daily trading, but DEX for long-term holding of specific assets where self-custody is paramount. Are you with me ? #CEXvsDEX101