#CEXvsDEX101
*Centralized Exchange (CEX):*
- Like a traditional bank
- Company manages your funds
- Easy to use, fast transactions
- But: risk of hacking, fees can be high
*Decentralized Exchange (DEX):*
- Like trading directly with others
- You control your funds
- More secure, potentially lower fees
- But: can be complex, slower transactions
*Which one?*
- *CEX*: Easy to use, good for beginners
- *DEX*: More secure, good for those who value control over their funds.
