#CEXvsDEX101 #CEXvsDEX101 🚀
Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX)? Here’s what you need to know! 🔥
🔹 CEX (Centralized Exchange)
✅ Easy to use with high liquidity
✅ Faster transactions & customer support
✅ Requires trust in a central authority
✅ Often regulated with KYC requirements
🔸 DEX (Decentralized Exchange)
🔓 No middleman—peer-to-peer transactions
🔓 Greater privacy & control over assets
🔓 Potentially lower fees, but less liquidity
🔓 Can be more complex for beginners
💡 Which one is best? It depends on your priorities! Security? Control? Convenience? The choice is yours! 💎
What’s your preference? Let’s discuss! 👇