#CEXvsDEX101
Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) both play a vital role in shaping the crypto ecosystem. CEXs offer user-friendly interfaces, high liquidity, and faster transaction speedsโperfect for beginners and traders who value simplicity. On the other hand, DEXs empower users with greater control over their assets, enhance privacy, and reduce reliance on third parties. Both have their strengths, and together they provide a balanced environment for all kinds of crypto enthusiasts. Embracing both helps us understand the true potential of blockchain technology. Let's appreciate the innovation in both models!