#CEXvsDEX101 Centralized Exchange (CEX)
✅ Simple interface
✅ Fast transactions
✅ Customer support
❗️You trust your funds to a third-party company (like a bank)
🌀 Decentralized Exchange (DEX)
✅ Full control over assets (not your keys — not your crypto)
✅ Higher privacy
✅ No registration or KYC
❗️The interface may be complicated for beginners
🔐 CEX is convenience
🌐 DEX is freedom