#CEXvsDEX101 #CEXvsDEX101 Centralized exchanges (CEX) and decentralized exchanges (DEX) have their advantages and disadvantages. CEX offers a user-friendly interface, high liquidity, and fast transaction processing, making them attractive to most traders. Additionally, there is customer support and a variety of trading tools. On the other hand, DEX gives users complete control over their funds and private keys, enhancing security and privacy. However, they may face scalability issues and lower liquidity. The choice between CEX and DEX depends on priorities — convenience and speed or security and decentralization.
#CEXvsDEX101