#CEXvsDEX101 Centralized Exchanges (CEX) are run by companies that manage your funds and trades, offering fast transactions and user-friendly interfaces. However, they require trust in a third party and may face security risks. Decentralized Exchanges (DEX), on the other hand, let users trade directly from their wallets, ensuring full control over assets and better privacy. But DEXs can be slower and less intuitive for beginners.
Choosing between CEX and DEX depends on your priorities—convenience or control.
Explore both to understand what suits your crypto journey best.
#CEXvsDEX101