#CEXvsDEX101 🔰 #CEXvsDEX101 – Understand quickly in 1 minute!

CEX (Centralized Exchange) like Binance, OKX: easy to use, fast transactions, but you have to verify your identity and entrust assets to the exchange.

DEX (Decentralized Exchange) like Uniswap, PancakeSwap: no KYC needed, you hold your assets, higher security but harder to use and fees can be high.

➡️ Newcomers should start with CEX to get familiar. When you understand more, try DEX for a comprehensive control experience.

Which side do you choose? 💬

#CryptoBasics #CEXvsDEX101