#CEXvsDEX101

#CEX vs #DEX: The Difference Simply 🔑

🏢 CEX (Centralized Exchange):

Managed by a central entity.

User-friendly and quick execution.

Vulnerable to hacks and controlled by a single party.

🌐 DEX (Decentralized Exchange):

No central authority.

Direct trading between users (P2P).

Full ownership of assets but complex for beginners.

🎭 CEX: Like a bank, everything is under management.

DEX: Free market, you are in control.