#CEXvsDEX101 #Cexvsdex101

The debate between CEX (Centralized Exchange) and DEX (Decentralized Exchange) is at the heart of discussions about the future of cryptocurrency trading. CEX are centralized platforms where users deposit their funds on servers controlled by the company. They often offer advanced features like limit orders, a user-friendly interface, and high trading volumes. However, they present security risks as they can be hacked or shut down. In contrast, DEX are decentralized, which means that users retain full control of their funds. DEX are safer from a fund security perspective, but they can be less intuitive and may have higher fees. The choice between CEX and DEX primarily depends on preferences regarding security, fund control, and ease of use. Both types of exchanges have their advantages, but their evolution in the crypto space continues to attract the attention of traders worldwide.