#CEXvsDEX101 $USDC

šŸ” #CEXvsDEX101: What’s the Difference?

Confused between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)? Let’s break it down šŸ‘‡

🧩 CEX (Centralized Exchange):

Run by a company (e.g., Binance, Coinbase)

Easier for beginners

Higher liquidity & faster trades

Requires KYC & trust in the platform

šŸ› ļø DEX (Decentralized Exchange):

Peer-to-peer, no central authority (e.g., Uniswap, PancakeSwap)

Full control of your funds (no custodial risk)

No KYC, more privacy

Can be slower & less user-friendly

āš–ļø CEX = Convenience

šŸ›”ļø DEX = Freedom

Which one do you prefer — control or convenience? Let’s hear your take šŸ’¬šŸ‘‡

#Crypto #DeFi #Blockchain #Web3 #CryptoEducation