#CEXvsDEX101 A little information about CEX vs DEX for those who are not familiar.

CEX (centralized exchange) is managed by an organization, users must deposit money and do not hold the private key. DEX (decentralized exchange) operates through smart contracts, users retain full control of their wallets. CEX has a user-friendly interface, high liquidity, but carries risks of hacking and regulatory control. DEX is more secure, transparent, but transactions are slower and fees can be high. CEX is suitable for newcomers, while DEX is for those who prioritize financial freedom and decentralization.