#CEXvsDEX101 CEX vs DEX – What’s the Difference? 🤔

🔒 CEX (Centralized Exchange)

• Run by companies (e.g., Binance, Coinbase)

• Custodial: You don’t control your private keys

• Faster trades, high liquidity

• Requires KYC/ID verification

• Easier for beginners

🔓 DEX (Decentralized Exchange)

• Peer-to-peer trading (e.g., Uniswap, PancakeSwap)

• Non-custodial: You keep control of your funds

• No KYC, more privacy

• Lower liquidity, slower execution

• Ideal for DeFi users

Summary:

CEX = convenience and speed ⚡

DEX = control and privacy 🔐

Choose based on your priorities.