#CEXvsDEX101

When comparing CEXs (Centralized Exchanges) and DEXs (Decentralized Exchanges), the main difference lies in control and custody. CEXs act as intermediaries, holding your funds and executing trades on your behalf. They’re user-friendly, fast, and highly liquid, but require trust in the platform. In contrast, DEXs allow peer-to-peer trading without giving up custody of your assets, which promotes decentralization and privacy. However, they can be less intuitive and have lower liquidity. Each has pros and cons: CEXs are great for beginners, while DEXs are ideal for those who value control and decentralization. Choose based on your goals and risk tolerance.