🔄 Centralized vs Decentralized Exchanges — What’s the Difference? 🔄
Centralized Exchanges (CEX) offer user-friendly interfaces, fast transactions, and customer support — great for beginners. But they hold your keys, which means you trust them with your funds. 🏦
Decentralized Exchanges (DEX), on the other hand, give you full control. No middleman, no KYC, and often better privacy. But you’re fully responsible for your wallet and trades. 🔐
Each has pros and cons depending on your goals, risk tolerance, and crypto knowledge. Do your research before diving in!
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