Why Use a CEX or DEX? Pros & Cons
✅ CEX Advantages:
- 🚀 Fast trades & deep liquidity (ideal for big orders).
- 🏦 Fiat on-ramps – buy crypto with credit cards.
- 🛡️ Customer support (help when you need it).
⚠️ Risks: Hacks, ID requirements, and platform downtime.
✅ DEX Advantages:
- 🔒 Self-custody – your keys, your coins!
- 🌍 Global access– no geo-restrictions.
- 💎 Early tokens – access new projects before CEX listings.
⚠️ Risks: Smart contract bugs, slippage, and no support team.
🔑 Tip:Start with a CEX, then explore DEXs for advanced trading! #DeFi #CryptoTrading