#CEXvsDEX101
🔐 CEX vs DEX – Know the Difference in 60 Seconds!
Ever wondered what sets Centralized Exchanges (CEX) apart from Decentralized Exchanges (DEX)? 🤔 Let’s break it down:
🔸 CEX – Think Binance, Coinbase, etc.
✔️ User-friendly
✔️ High liquidity
❌ Custodial (they hold your funds)
🔸 DEX – Like Uniswap, PancakeSwap
✔️ You control your wallet
✔️ Permissionless & anonymous
❌ Can be confusing for beginners
🌉 CEX = convenience
🛡️ DEX = control
✅ Best strategy? Learn both. Use CEX for speed and DEX for privacy.
💬 Which one do you prefer?