#CEXvsDEX101

CEX vs DEX 101: What’s the Real Difference & Why It Matters

🔍 Ever wondered what the real difference is between CEXs (Centralized Exchanges) and DEXs (Decentralized Exchanges)? Let’s break it down simply.

➡️ CEX (like Binance, Coinbase):

Run by a central company

Easy to use, fast, and high liquidity

Requires KYC (you give up personal data)

Your assets are held by the exchange

➡️ DEX (like Uniswap, PancakeSwap):

No middlemen – you trade peer-to-peer

You hold your own keys = full control

More privacy, no KYC required

Usually fewer trading pairs and lower speed

💡 TL;DR:

If you want convenience and high liquidity, CEX might be your go-to.

If you value privacy, control, and decentralization, you’ll love DEX.

At the end of the day, it’s not about one being “better.” It’s about what matters most to YOU as a trader or investor.

📢 Which one do you prefer and why? Drop your thoughts below 👇

#CryptoTalks #web3community #DYOR!! #defi