#CEXvsDEX101

Centralized Exchanges (CEX) vs. Decentralized Exchanges (DEX): What's the difference?

CEX (e.g., Binance, Coinbase):

Run by a central authority.

Fast trades, high liquidity.

Requires KYC, custodial (they hold your funds).

User-friendly, but less private.

DEX (e.g., Uniswap, SushiSwap):

No central authority, runs on blockchain.

You control your wallet/keys.

No KYC, more private.

Trades can be slower, less liquid.

Choose CEX for ease and speed, DEX for privacy and control. What's your pick?