#CEXvsDEX101

#CEXvsDEX101: Centralized Exchanges (CEXs) offer speed, ease of use, and customer support—great for beginners. However, they require trust in a third party. Decentralized Exchanges (DEXs) give you full control of your assets, prioritizing privacy and security, but may have a steeper learning curve and lower liquidity. Choosing between them depends on your priorities: convenience or control. CEXs are like banks, while DEXs are peer-to-peer platforms. For quick trades, CEXs shine. For true ownership and decentralization, DEXs win. Learn both to navigate the crypto space like a pro. Which one do you prefer? #CryptoBasics #Web3 #BlockchainExplained