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Symmetric Vs Asymmetric encryption in CyberSecurity?

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PurposeSymmetric EncryptionAsymmetric Encryption
EncryptionUses a single key to encrypt and decrypt information.Uses a pair of public and private keys to encrypt and decrypt information.
SpeedSymmetric encryption performs fasterAsymmetric encryption performs slower compared to symmetric encryption.
AlgorithmsAES, RC4, DES, QUAD, 3DES, Blowfish etc.Diffie-Hellman and RSA
PurposePreferred for transferring huge dataMostly used for exchanging secret keys safely.
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