CEX or DEX ?

Cryptocurrency trading primarily occurs on either centralized exchanges (CEX) or decentralized exchanges (DEX).

Centralized Exchanges (CEX): CEXs act as intermediaries, offering high liquidity and user-friendly interfaces. However, they involve custodial risks and centralization vulnerabilities.

Decentralized Exchanges (DEX): DEXs operate without intermediaries, prioritizing decentralization and user control over funds. While offering privacy and security, they may have lower liquidity and a steeper learning curve.

In choosing between CEXs and DEXs, traders weigh factors like liquidity, security, and decentralization according to their preferences and risk tolerance.