#CEXvsDEX101

Trade Your Style

Centralized Exchanges (CEXs) provide intuitive platforms, swift trades, and robust liquidity—but you rely on a third party to hold your assets. Decentralized Exchanges (DEXs) hand you the keys, enabling direct, on-chain P2P trading. CEXs are beginner-friendly, while DEXs champion crypto’s self-custody ethos. Security risks? CEXs face hacks; DEXs grapple with smart contract flaws. Decide what matters most: convenience or control