#CEXvsDEX101 ⚖️ Central Exchange (CEX) vs. Decentralized Exchange (DEX):

🏦 CEX: Easy for beginners, high liquidity, supports fiat currencies, advanced trading tools, but your money is not under your full control and you may need to provide your identity.

🔗 DEX: Full control over your funds (non-custodial), greater privacy (often without KYC), resistant to censorship, but less beginner-friendly and may have lower liquidity at times.

🤔 When to use this and when to use that? It depends on your priorities! Is ease of use and liquidity more important, or full control and privacy? #CEXvsDEX101