#CEXvsDEX101
The choice between CEX and DEX depends on your trading needs and level of control over assets.
🔹 **CEX (centralized exchanges)**
- Advantages: High liquidity, fast execution of transactions, user-friendly interface, support for fiat currencies.
- Disadvantages: KYC requirements, centralized asset storage, risk of hacks
🔹 DEX (decentralized exchanges)
- Advantages: Full control over assets, no KYC, resistance to censorship.
- Disadvantages: Low liquidity, complex interface, high transaction fees
If you value **convenience and speed**, CEX may be the better choice. If you value **security and decentralization**, DEX will be the more suitable option.
Which option is closer to you? 🚀