#CEXvsDEX101 🏛️ CEX – Centralized Exchange

✅ Pros:

User-friendly: Easy sign-up, intuitive UI (great for beginners).

High liquidity: Faster trades and tighter spreads.

Fiat support: Allows deposits/withdrawals in USD, EUR, etc.

Customer support: Help desk and recovery options.

Advanced tools: Margin trading, stop-loss, futures, etc.

🌐 DEX – Decentralized Exchange

✅ Pros:

Non-custodial: You control your private keys and funds.

No KYC: Trade anonymously (in most cases).

Permissionless: Anyone can list tokens or trade.

Transparent: Runs on smart contracts (auditable code).