#CEXvsDEX101 Centralized vs. Decentralized Exchanges

Centralized Exchanges (CEX) are managed by organizations, offering user-friendly interfaces, high liquidity, and customer support. However, they require users to trust the platform with their funds. Decentralized Exchanges (DEX), on the other hand, allow peer-to-peer trading without intermediaries. They provide more privacy and control but may have lower liquidity and complex interfaces. CEX is ideal for beginners and fast trading, while DEX suits users who value privacy and self-custody. Each has pros and cons, so the choice depends on your priorities in security, control, and ease of use. #CEXvsDEX101