That’s a great question, especially after what happened with FTX. In simple terms, CEX (centralized exchanges) are platforms run by companies where they hold your funds and manage trades for you—these are usually easier to use but come with custodial risk. DEX (decentralized exchanges), on the other hand, let you trade directly from your wallet without a middleman, giving you more control but sometimes a steeper learning curve.
In terms of safety, DEX can reduce the risk of a platform holding your funds, but they still require you to manage your own security carefully. Many people actually use a mix of both depending on their needs. It’s all about balancing convenience and control. And after diving into complex topics like crypto, taking a break somewhere peaceful like shepherds hut pembrokeshire can be a great way to unwind and clear your mind.
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