#CEXvsDEX101

🔍 **CEX vs DEX: Which One Should You Choose?** #CEXvsDEX101

💡 **Understanding the Difference:**

🔹 **Centralized Exchanges (CEXs)** – Fast, user-friendly, high liquidity, but controlled by third parties.

🔹 **Decentralized Exchanges (DEXs)** – Greater control, enhanced security, but lower liquidity & complex for beginners.

✅ **Pros & Cons:**

✔️ CEXs are beginner-friendly & offer customer support, but come with risks of hacking & central control.

✔️ DEXs provide full ownership & privacy but require careful navigation & self-custody responsibility.

🔥 **Tips for DEX Beginners:**

1️⃣ Secure your private keys & never share them.

2️⃣ Check liquidity levels before trading.

3️⃣ Verify smart contract security before making transactions.

Which exchange fits your strategy? Share your insights with #CEXvsDEX101! 🚀🔗