#CEXvsDEX101

CEX (Centralized Exchange)

DEX (Decentralized Exchange)

✅ Pros & Cons

🍓🍓🍓Pros of CEX:

• Easy for beginners

• Fiat deposits/withdrawals

• High liquidity & trading instruments

🍋🍋🍋Cons of CEX:

• Centralized control

• Custodial risk

• Subject to regulations, freezing

🍓🍓🍓 Pros of DEX:

• Full control over funds (non-custodial)

• Censorship resistance

• No KYC (privacy-friendly)

🍋🍋🍋Cons of DEX:

• Higher gas fees (especially on Ethereum)

• Risk of temporary losses or unreliable contracts

• Fewer advanced trading instruments

• Use CEX if you are a beginner, need fiat, or want convenience.

• Use DEX if you prefer privacy, self-custody, or participation in DeFi.