#CEXvsDEX101 Check out the KEYS to choose your crypto exchange!
CEX (Centralized like Binance/Coinbase):
✅ Advantages: Easy for beginners, high liquidity, fiat support (USD/EUR), customer service.
⚠️ Disadvantages: Custodian YOUR funds (hack/regulation risk), mandatory KYC/AML.
DEX (Decentralized like Uniswap/PancakeSwap):
✅ Advantages: Self-custody (you control your private keys 🔐), no KYC, P2P transactions.
⚠️ Disadvantages: Learning curve, slippage on large orders, no direct fiat.
Which one to choose?
🔷 CEX: Ideal if you prioritize ease, operate with fiat, or are new.
🔷 DEX: Perfect for advanced users who value privacy and absolute sovereignty.
💡 Conclusion: Diversify according to your needs. Use CEX for on/off ramps and DEX for real decentralized trading!
👉 Do you prefer CEX or DEX? Share your opinion!