#CEXvsDEX101 #CEXvsDEX101 Centralized Exchanges (CEXs) offer speed, liquidity, and ease of use, making them ideal for beginners.
However, they require users to trust a third party with their funds and data. In contrast, Decentralized Exchanges (DEXs) allow peer-to-peer trading with full control over assets, enhancing privacy and security. Yet, DEXs may lack liquidity, have slower transactions, and require more technical know-how. Each has its pros and cons-CEXs excel in user experience and speed, while DEXs champion decentralization and self-custody. Traders must weigh control versus convenience when choosing between the two. The future might see a hybrid model combining both strengths.$BTC $ETH