🔄 #CEXvsDEX101 :
Confused about CEXs and DEXs? Let’s break it down 👇
✅ CEX (Centralized Exchange)
Think Binance, Coinbase, or Kraken.
➡️ Fast transactions
➡️ User-friendly interface
➡️ Customer support
➡️ Higher liquidity
🔐 You trust the exchange to hold your assets.
🔓 DEX (Decentralized Exchange)
Think Uniswap, PancakeSwap, or dYdX.
➡️ No middlemen – you control your keys
➡️ Permissionless & borderless
➡️ Lower privacy risks
❗Can be slower, less liquid, and harder for beginners.
🧠 CEX = convenience & speed
🔐 DEX = autonomy & privacy
📢 Which do you prefer and why?
Drop your thoughts below! 💬
#CryptoEducation #BinanceSquare #DYOR
Confused about CEXs and DEXs? Let’s break it down 👇
✅ CEX (Centralized Exchange)
Think Binance, Coinbase, or Kraken.
➡️ Fast transactions
➡️ User-friendly interface
➡️ Customer support
➡️ Higher liquidity
🔐 You trust the exchange to hold your assets.
🔓 DEX (Decentralized Exchange)
Think Uniswap, PancakeSwap, or dYdX.
➡️ No middlemen – you control your keys
➡️ Permissionless & borderless
➡️ Lower privacy risks
❗Can be slower, less liquid, and harder for beginners.
🧠 CEX = convenience & speed
🔐 DEX = autonomy & privacy
📢 Which do you prefer and why?
Drop your thoughts below! 💬