#CEXvsDEX101 ⚖️
CEX or DEX — what’s your go-to trading arena? Let’s break it down for the savvy crypto crowd 🧠💸
🔹 CEX (Centralized Exchange)
🏢 Think: Binance, Coinbase
✅ Pros:
• Fast, liquid markets
• Easy to use, great for beginners
• Fiat deposits & solid support
⚠️ Cons:
• KYC is a must
• You don’t hold your keys = not your coins
🔹 DEX (Decentralized Exchange)
🌐 Think: Uniswap, PancakeSwap
✅ Pros:
• No KYC, full privacy
• You’re in control of your assets
• Early access to hidden gem tokens
⚠️ Cons:
• Sometimes low liquidity
• Not always user-friendly
• Gas fees can sting
📊 Pro Tip:
CEX = speed & simplicity 🔐
DEX = freedom & control 🛠️
Choose your fighter 🥷
