#CEXvsDEX101 Advantages of CEX: User-friendly interface, high liquidity, variety of trading pairs

Disadvantages: Risk of hacks, less privacy

Advantages of DEX: Fund security, anonymity, decentralization

Disadvantages: Complexity, lower liquidity

When to use each one?

Use CEX for fast trading, large volumes, or if you are new

Prefer DEX if you value privacy, control, or want to avoid intermediaries

The choice depends on your priorities: convenience vs. sovereignty