#CEXvsDEX101 šŸ”„

I haven’t tried DEX trading myself yet, but here’s what I understand:

šŸ‘‰ CEX (Centralized Exchange) — This is what I use most. It’s easy, fast, and beginner-friendly. You create an account, deposit money, and start trading. But your funds are held by the exchange.

šŸ‘‰ DEX (Decentralized Exchange) — I know it means trading directly from your own wallet, no account needed, and you keep full control of your crypto. Sounds safer in theory, but it also looks a bit complicated, so I haven’t dived in yet.

šŸ’” What I’d tell beginners:

Start with CEX if you’re new — it’s simpler and less confusing. Once you get comfortable, learning about DEX can be a good next step.

Hope that helps anyone new like me!