#CEXvsDEX101
๐ CEX vs DEX 101: Whatโs the Real Difference? ๐ก
Are you team Centralized Exchange (CEX) ๐ค or Decentralized Exchange (DEX) ๐?
๐ CEX Pros:
โ High liquidity
โ Easy to use for beginners
โ Customer support available
๐ DEX Pros:
๐ More privacy
๐ Self-custody of your funds
๐ No centralized authority
But beware! ๐
โ CEXs may hold your keys
โ DEXs can be harder to navigate for new users
๐ฌ Which one do YOU prefer and why? Let's talk!
๐ Stay informed. Trade smart. Own your crypto journey.
#CEXvsDEX101 #CryptoBasics #BinanceSquare #Web3Education #CryptoTips
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๐ Disclaimer: This post is for educational purposes only and does not constitute financial advice. Always do your own research before investing or trading.