Even during the bad market dip I earn/€5,800 with Ethereum.

#CEXvsDEX101 Quick Summary: CEX vs DEX - Which One to Choose?**

#### **🔍 The Key Difference**
- **CEX (Centralized):** like Binance and Coinbase - an intermediary that controls your funds
- **DEX (Decentralized):** like Uniswap - you have direct control over your funds

#### **⚖️ Quick Comparison**
| Criterion | CEX | DEX |
|---------|-----|-----|
| **Fund Control** | ❌ (the platform controls) | ✅ (you control) |
| **Privacy** | ❌ (requires KYC) | ✅ (no identity) |
| **Liquidity** | ✅ (high) | ❌ (limited) |
| **Fees** | Average | Variable (Gas) |
| **Difficulty** | Easy for beginners | Requires experience |

#### **💡 Selection Tips**
1. Choose **CEX if you are**:
- A beginner
- Want high liquidity
- Don’t mind providing your identity

2. Choose **DEX if you are**:
- Concerned about privacy
- Want complete control over your funds
- Willing to pay gas fees

#### **⚠️ Important Warnings**
- CEX: Risk of freezing funds (as happened with FTX)
- DEX: Risk of fraudulent smart contracts

**🎯 Final Summary:**
CEX for ease and speed, DEX for more security and privacy. Both can be used together as needed!