#CEXvsDEX101 Decentralized exchange means anonymity and complete control over your assets, while CEX exchange offers convenience and access to a multitude of services. The choice between DEX and CEX depends on your priorities. CEXs provide high liquidity, fast order processing, a user-friendly interface, and additional services, but require verification and carry risks associated with centralized storage. DEXs offer a high level of security, control over assets, and anonymity, but may be less convenient and have high transaction fees on the blockchain. The choice is yours.