#CEXvsDEX101

DEXs (Decentralized Exchanges) offer significant advantages over CEXs (Centralized Exchanges), primarily revolving around user control and privacy. With a DEX, you retain full custody of your funds and private keys, eliminating the risk of exchange hacks or asset freezes. There's no KYC (Know Your Customer) required, ensuring greater anonymity. Trades happen directly between users via smart contracts, fostering censorship resistance and permissionless access to a broader range of tokens, often including newer projects before CEX listings. While CEXs offer convenience and liquidity, DEXs prioritize the core tenets of decentralization: sovereignty and security.