#CEXvsDEX101
CEX vs DEX: Which One Truly Empowers You? š¤
Centralized Exchanges (CEXs) offer convenience, deep liquidity, and faster transactionsāideal for beginners and quick trades. But letās be real: they hold your keys, and if they go down, so does your access.
On the flip side, Decentralized Exchanges (DEXs) give you full control of your funds and greater privacy. You trade wallet-to-wallet, no KYC, no middlemanābut you also face risks like slippage, smart contract bugs, and lower liquidity.
So, whatās the smart move? Use both strategically. CEXs for ease and DEXs for freedom. Diversify your crypto strategy and own your decisions.
Whatās your go-to exchange styleāand why?