#CEXvsDEX101
🔍 #CEXvsDEX101 : What every crypto trader should know
Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) is not just a technical question, it's a risk management strategy. Both have their place in the arsenal of a smart trader. 💡
🛡 CEX: Ideal for those seeking high liquidity, ease of use, and customer support. But remember: "Not your keys, not your coins".
🔓 DEX: Perfect for those who value self-custody, privacy, and access to new tokens, although the learning curve can be more technical and mistakes more costly.
👥 In my experience:
✅ I use CEX for quick trading and high volume.
✅ I use DEX when I want to participate in new projects or maintain complete control over my assets.
🔁 Which do I prefer? It depends on the goal. In volatile markets, a CEX gives me speed. For holding or strategic moves, the DEX gives me peace of mind.
📌 Advice for anyone using a DEX for the first time:
Research the platform well.
Verify smart contracts.
Start with small amounts.
Secure your wallet and seed phrase as if it were your digital life.
⚖️ It's not about CEX vs DEX, but understanding when to use each one.
That is the difference between trading by intuition and trading with awareness.
💬 And you? Which do you use more and why? Share your experience 👇
#CryptoEducation #DeFi #TradingConsciente #Crypto101