#CEXvsDEX101 💡

*#CEXvsDEX101 | The difference between centralized and decentralized exchanges*

🔒 *CEX – Centralized Exchange (like Binance):*

✅ Easy to use for beginners

✅ High speed in executing trades

✅ Technical support and customer service

❌ Requires identity verification (KYC)

❌ Full control is with the platform over your funds

🔓 *DEX – Decentralized Exchange (like Uniswap):*

✅ No need for identity verification

✅ Full control over your wallet and currencies

✅ Higher privacy and security

❌ Requires more experience

❌ Liquidity is sometimes lower than CEX

⚖️ *The advice?*

Choose what suits your trading style and your comfort level with self-control.

👇 What do you think? Do you prefer trading on CEX or DEX? And why?

#Crypto #Blockchain #Trading #Digital_Currencies #CryptoEducation #TradingTypes101 #CEXvsDEX101