CEX vs DEX 101 🔄
CEX (like Wayex):
🕴️ Professionally Managed
💧 Intuitive to use + pro security
🧑⚖️ Regulated + insured
DEX:
🤺 Pure P2P trading
👛 Self-custody
💻 Pure DeFi
TL;DR: Use both anon - CEX for ease, DEX for degen szn
The discussion between centralized exchanges (CEX) and decentralized exchanges (DEX) has been a hot topic of debate for enthusiasts and investors alike. These two distinct platforms have unique features, advantages, and drawbacks that cater to various needs within the ever-evolving crypto space.
In this article, we will delve into the fundamental differences between CEX and DEX, aiming to shed light on the dynamics of these platforms for beginners while providing insights that even seasoned crypto users can appreciate.
Not financial advice 😉
