#CEXvsDEX101 CEXvsDEX101 $USDC
🔁 #CEXvsDEX101: What’s the Difference?
Confused between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)? Let’s break it down 👇
🧩 CEX (Centralized Exchange):
Run by a company (e.g., Binance, Coinbase)
Easier for beginners
Higher liquidity & faster trades
Requires KYC & trust in the platform
🛠️ 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
⚖️ CEX = Convenience
🛡️ DEX = Freedom
Which one do you prefer — control or convenience? Let’s hear your take 💬👇
#Crypto #DeFi #Blockchain #Web3 #CryptoEducation