#CEXvsDEX101 # CDX vs DEX 101
Centralized exchanges (CDXs) offer security, liquidity, and user-friendly interfaces but require trust in intermediaries. Decentralized exchanges (DEXs) prioritize autonomy, transparency, and direct peer-to-peer transactions, minimizing third-party control. CDXs ensure smooth fiat on-ramps and deep liquidity, making them ideal for beginners and high-volume traders. DEXs, powered by smart contracts, provide enhanced privacy and censorship resistance, appealing to those valuing decentralization. While CDXs simplify compliance and offer institutional-grade security, DEXs empower users with full custody over their assets. Choosing between them depends on your priorities: security and convenience vs. control and decentralization. #CryptoTrading #Blockchain #CDXvsDEX101