#CEXvsDEX101
✅ Pros of CEXs
• Easy to use, beginner-friendly
• Fast trades with high liquidity
• Customer support available
• Supports fiat (bank) withdrawals
❌ Cons of CEXs
• You don’t fully control your funds
• Requires KYC and personal info
• Can be affected by regulations or hacks
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✅ Pros of DEXs
• Full control over your crypto (no middleman)
• No KYC, more privacy
• Access to early or small-cap tokens
❌ Cons of DEXs
• Can be confusing for beginners
• Slower trades, lower liquidity
• You must pay gas fees
• No customer support
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🔄 When do I use each?
• CEX: For fast trading, fiat withdrawals, and beginner safety
• DEX: For privacy, new tokens, or using DeFi apps
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💡 Tips for DEX first-timers
1. Use a secure wallet like MetaMask
2. Double-check token addresses
3. Start with small amounts
4. Learn how gas fees work
5. Always DYOR (Do Your Own Research)
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Which one do you prefer – CEX or DEX? Let’s discuss 👇