#CEXvsDEX101 For the second topic of our Crypto Trading Fundamentals Deep Dive, let's talk #CEXvsDEX101.
Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading.
Your post can include:
In your experience, what are the pros and cons of CEXs vs DEXs?
Which do you prefer and in what situations?
What do you consider when choosing between a CEX and DEX?
What advice would you give to someone using a DEX for the first time?