#CEXvsDEX101 CEX vs. DEX: Crypto Duel, Which to Choose?

In the crypto world, you've got two main options:

CEX (Centralized Exchange): Think of it like a convenience store. Easy to use, lots of features, but your coins are held by a third party ("Not Your Keys!"), and you need to do KYC.

DEX (Decentralized Exchange): More like a free market. You have full control of your coins ("Your Keys!"), privacy is intact, but it's more complex and there's no customer service.

Which to pick?

CEX: If you're a beginner or using fiat money.

DEX: If you value privacy and full control.

Remember, CEX is like taking a taxi (convenient, but the driver's in control), while DEX is like riding your own motorbike (free, but you're on your own if you fall!). Always do your own research!

#CEXvsDEX #Crypto