#CEXvsDEX101

- *Centralized Exchanges (CEX)*: Platforms like Binance, users can trade, buy and sell cryptocurrencies.

- *Decentralized Exchanges (DEX)*: Peer-to-peer marketplaces enabling direct trades without intermediaries.

*Key differences:*

- *Control*: CEX holds custody, while DEX users retain control.

- *Security*: CEX faces security risks, while DEX reduces counterparty risks.

- *Regulation*: CEX faces stricter regulations, while DEX operates more autonomously.

Which type of exchange do you prefer? Share your thoughts! #CEX #DEX #CryptoExchanges