#CEXvsDEX101 Understanding Centralized vs. Decentralized Exchanges** 🔹
In the world of crypto trading, choosing between a **Centralized Exchange (CEX)** and a **Decentralized Exchange (DEX)** is a crucial decision.
💡 **CEXs** operate under a company’s control, offering user-friendly interfaces, high liquidity, and strong security measures. They act as intermediaries, making transactions seamless—but they require users to trust the platform with their assets.
🔓 **DEXs**, on the other hand, remove intermediaries. They rely on smart contracts, offering users full control over their funds. While this promotes decentralization, it may come with lower liquidity and a steeper learning curve for new traders.