#CEXvsDEX101
🔄 #CEXvsDEX101: What’s the Difference?
🌐 CEX (Centralized Exchange)
✅ User-friendly
✅ High liquidity
✅ Fast transactions
⚠️ Requires trust in a central authority
⚠️ Subject to regulations & potential hacks
🔗 DEX (Decentralized Exchange)
✅ Full control of your assets
✅ Greater privacy & censorship resistance
✅ Permissionless trading
⚠️ Steeper learning curve
⚠️ Lower liquidity & slower speeds (in some cases)
💡 TL;DR:
CEX = Convenience + Speed
DEX = Control + Privacy
Which one do you prefer, and why?
👇 Let’s discuss in the comments!
