#CEXvsDEX101 Know Your Exchanges:

Navigating crypto? Understanding where you trade matters! Let’s break down the core exchange models:

🔹 **CEX (Centralized Exchange)**:

*Platforms like Binance!* Funds are held by the exchange. Offers high liquidity, fast trades, and fiat support. Ideal for beginners but requires trust in the platform.

🔹 **DEX (Decentralized Exchange)**:

*Peer-to-peer trading!* Connects wallets directly. You control your keys (self-custody) & trade anonymously. More complex but eliminates third-party risk.

✅ **CEX Pros**: Speed, ease, support.

✅ **DEX Pros**: Security, privacy, no KYC.

Choose wisely based on your priorities: convenience or control? Always DYOR and secure your assets!

**Which do you prefer? Share below!** 👇

#CEXVSDEX101