#CEXvsDEX101

🌐💱 Centralized Exchanges (CEX) vs Decentralized Exchanges (DEX)! Let's dive in:

*CEX:*

- Pros: User-friendly, high liquidity, robust security measures

- Cons: Centralized authority, potential for hacks, know-your-customer (KYC) requirements

*DEX:*

- Pros: Decentralized, trustless, greater user control

- Cons: Lower liquidity, potential for complexity, smart contract risks

Which one are you leaning towards? Or do you have specific questions about CEX vs DEX? 🤔💬