#CEXvsDEX101

🔄 #CEXvsDEX101: What’s the Difference?

🌐 CEX (Centralized Exchange)

✅ User-friendly

✅ High liquidity

✅ Fast transactions

⚠️ Requires trust in a central authority

⚠️ Subject to regulations & potential hacks

🔗 DEX (Decentralized Exchange)

✅ Full control of your assets

✅ Greater privacy & censorship resistance

✅ Permissionless trading

⚠️ Steeper learning curve

⚠️ Lower liquidity & slower speeds (in some cases)

💡 TL;DR:

CEX = Convenience + Speed

DEX = Control + Privacy

Which one do you prefer, and why?

👇 Let’s discuss in the comments!

#Crypto101 #Web3 #CryptoExplained