🔄 #CEXvsDEX101 – Choosing the Right Exchange

Centralized (CEX) or Decentralized (DEX)? 🤔 Your choice can impact your trading experience big time! Let’s break it down 👇

🏛️ CEX (Centralized Exchange)

✅ Easy to use

✅ High liquidity & fast trades

❌ You don’t hold your keys

❌ Can be more vulnerable to hacks & downtime

🌐 DEX (Decentralized Exchange)

✅ Full control of your assets 🔐

✅ Typically no KYC

❌ Slower, less intuitive UI

❌ Liquidity can vary

⚖️ My take?

🔸 I use CEXs for quick, large trades or when I need fiat on/off ramps

🔸 I go DEX when I want privacy, control, or to trade niche tokens

💡 Tips for DEX beginners:

🔐 Always double-check contract addresses

📲 Use a trusted wallet like MetaMask

⚠️ Start with small amounts to learn safely