#CEXvsDEX101 Let’s break it down. What’s the real difference between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX)?
💼 CEX (Centralized Exchange)
✔ Easy to use & beginner-friendly
✔ Faster transactions
✔ Customer support available
❌ You don’t fully own your crypto (Not your keys, not your coins)
❌ Subject to hacks, regulations, or even shutdowns
🌀 DEX (Decentralized Exchange)
✔ You hold your own keys = full ownership
✔ No KYC, trade anonymously
✔ Powered by smart contracts & blockchain
❌ Higher learning curve
❌ Sometimes slower, depending on network
🔥 Which side are you on?