#CEXvsDEX101 #CEXvsDEX101

CEX or DEX? 🤔

Here’s what you NEED to know before you trade 👇

🔐 Centralized Exchange (CEX)

Platforms like Binance, Coinbase, Kraken

✅ Easy to use, beginner-friendly

✅ High liquidity & fast transactions

🔒 You trust a third party to hold your assets

📄 KYC required

🛠️ Decentralized Exchange (DEX)

Platforms like Uniswap, PancakeSwap, dYdX

✅ You control your own wallet & keys

✅ Trade directly from your wallet

🔁 No middleman, no KYC

⚠️ Less liquidity, higher slippage possible

💡 CEX = Convenience & security (if you trust them)

💡 DEX = Freedom & control (but more responsibility)

👉 Which one do YOU prefer?

Comment below ⬇️

#crypto #trading #web3 #blockchain #DeFi #CEXvsDEX #cryptotrading #DYOR