#CEXvsDEX101 The CEX vs DEX 101 debate is fundamental for any cryptocurrency user. CEXs (Centralized Exchanges) offer ease of use, high liquidity, and a wide range of features, making them ideal for beginners. However, they require KYC (Know Your Customer) and users relinquish custody of their funds, which carries security and censorship risks. On the other hand, DEXs (Decentralized Exchanges) prioritize privacy and total control of funds (self-custody), operating with smart contracts without intermediaries. Although they may be more complex and have lower liquidity, they embody the spirit of decentralization of cryptocurrencies. The choice depends on individual priorities: convenience and support vs. privacy and autonomy.