๐ CEX vs DEX 101 ๐
Confused between Centralized (CEX) and Decentralized (DEX) Exchanges? Letโs break it down ๐
๐ CEX (Centralized Exchange)
โ Easy to use
โ High liquidity
โ Customer support
โ ๏ธ You trust a company with your funds
๐ป DEX (Decentralized Exchange)
โ Full control of your crypto
โ No KYC (mostly)
โ Transparent and open-source
โ ๏ธ Higher learning curve
โ ๏ธ Sometimes lower liquidity
๐ก Quick Tip:
New to crypto? Start with a CEX (like Binance)
Want more privacy & control? Explore DEXs like Uniswap or PancakeSwap
๐ฃ๏ธ Which one do YOU prefer? Comment below! ๐
