#CEXvsDEX101

*CEX vs DEX 101*

Crypto trading platforms come in two main types:

- *CEX (Centralized Exchange)*: Like Binance are controlled by a central authority, offering high liquidity and user-friendly interfaces.

- *DEX (Decentralized Exchange)*: Platforms like Uniswap or SushiSwap operate on blockchain networks, allowing peer-to-peer transactions without intermediaries.

*Key differences:*

- *Control*: CEXs control user assets, while DEXs empower users with full control.

- *Security*: CEXs are vulnerable to hacks, whereas DEXs are more secure.

- *Liquidity*: CEXs typically offer higher liquidity.

Choose CEX for ease of use and high liquidity, or DEX for security and control.

#CEXvsDEX #CryptoTrading #DecentralizedExchange #CentralizedExchange