#CEXvsDEX101
🔁 #CEXvsDEX101 – Know Your Exchange, Trade Smarter
Choosing between Centralized (CEX) and Decentralized Exchanges (DEX) can shape your trading journey. Both offer unique strengths—and risks.
🔹 CEX Pros:
User-friendly interfaces (e.g. Binance, Coinbase)
High liquidity and fast execution
Customer support & fiat on/off ramps
🔹 CEX Cons:
You don't control your keys
Can freeze withdrawals or delist assets
Regulatory risks
🔸 DEX Pros:
True self-custody (your keys, your coins)
Wide access to new/early-stage tokens
Permissionless, often lower fees
🔸 DEX Cons:
Less liquidity = higher slippage
Complex UI for beginners
Risk of front-running & smart contract bugs
💡 I use CEXs for high-volume trades and fiat transfers, and DEXs for smaller DeFi plays and early token access. When choosing, I ask:
Is liquidity deep enough?
Am I in control of my assets?
Is the token only available on-chain?
📌 First time using a DEX? Start small. Always double-check token contracts. Use a wallet like MetaMask, and never trade without understanding slippage and gas fees.
