#CEXvsDEX101
🔍 #CEXvsDEX101 | The difference between centralized and decentralized platforms in brief:
💠 CEX (Centralized Exchange):
✅ A broker between you and the market
✅ Easy and quick interface
✅ Direct technical support
❌ Controls your funds
❌ Requires documentation (KYC)
🌀 DEX (Decentralized Exchange):
✅ Complete control over your wallet
✅ No documentation or intermediary
✅ Higher privacy and security
❌ Requires more experience
❌ May be slower at times
🚀 Which is better?
🔸 For beginners: CEX is better for its simplicity
🔸 For experienced users and wallet holders: DEX gives you full freedom
💡 Tip:
Use both wisely according to your goal, and spread the risks!
#Crypto #Trading #Bitcoin #Ethereum #Blockchain #Trading_Platforms