#CEXvsDEX101 Centralized vs. Decentralized Exchanges 🚀
Choosing between a *CEX (Centralized Exchange)* and a *DEX (Decentralized Exchange)* is key in the world of cryptocurrencies. Both offer unique advantages depending on the user's strategy and experience.
📌 *CEX (Centralized Exchange)*
✅ High *liquidity* and fast execution.
✅ User support and advanced tools.
✅ Less complexity in operations.
❌ You depend on third parties to custody funds.
❌ Possible regulatory restrictions.
📌 *DEX (Decentralized Exchange)*
✅ Greater *control over your assets*.
✅ Transactions without intermediaries or KYC.
✅ Access to a wide variety of tokens.
❌ Lower liquidity in some markets.
❌ Requires more technical knowledge.
🛠 *Tips for beginners in DEX*
🔹 Use a secure wallet.
🔹 Check the liquidity of the token before trading.
🔹 Inform yourself about gas fees and slippage.
💬 Which do you prefer? Comment 📊