#CEXvsDEX101

๐Ÿ” #CEXvsDEX101 | The difference between centralized and decentralized platforms in brief:

๐Ÿ’  CEX (Centralized Exchange):

โœ… A broker between you and the market

โœ… Easy and fast interface

โœ… Direct technical support

โŒ Controls your funds

โŒ Requires verification (KYC)

๐ŸŒ€ DEX (Decentralized Exchange):

โœ… Full control of your wallet

โœ… No verification or intermediary

โœ… Higher privacy and security

โŒ Requires more experience

โŒ Sometimes slower

๐Ÿš€ Which is better?

๐Ÿ”ธ For beginners: CEX is better for its simplicity

๐Ÿ”ธ For experienced users and wallet holders: DEX gives you complete freedom

๐Ÿ’ก Tip:

Use both wisely according to your goal, and diversify your risks!

#Crypto #Trading #Bitcoin #Ethereum #Blockchain #Trading_Platforms