#CEXvsDEX101

๐Ÿ”„ CEX vs DEX 101: Whatโ€™s the Real Difference? ๐Ÿ’ก

Are you team Centralized Exchange (CEX) ๐Ÿค or Decentralized Exchange (DEX) ๐Ÿ”?

๐Ÿ“Š CEX Pros:

โœ… High liquidity

โœ… Easy to use for beginners

โœ… Customer support available

๐ŸŒ€ DEX Pros:

๐Ÿ”“ More privacy

๐Ÿ” Self-custody of your funds

๐ŸŒ No centralized authority

But beware! ๐Ÿ‘‡

โ— CEXs may hold your keys

โ— DEXs can be harder to navigate for new users

๐Ÿ’ฌ Which one do YOU prefer and why? Let's talk!

๐Ÿš€ Stay informed. Trade smart. Own your crypto journey.

#CEXvsDEX101 #CryptoBasics #BinanceSquare #Web3Education #CryptoTips

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๐Ÿ”– Disclaimer: This post is for educational purposes only and does not constitute financial advice. Always do your own research before investing or trading.

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