#CEXvsDEX101 #CEXvsDEX101 CEX vs. DEX: Duel Crypto, What should you choose?

In the crypto world, you have two main options:

CEX (Centralized Exchange): Think of this as a department store. Easy to use, many features, but your coins are held by a third party ("Not your keys!") and you have to do KYC.

DEX (Decentralized Exchange): More like a free market. You have full control over your coins ("Your keys!"), privacy is maintained, but it is more complex and there are no customer services.

What should you choose?

CEX: If you are a beginner or using fiat money.

DEX: If you value privacy and total control.

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