#CEXvsDEX101
Confused between CEX and DEX? 🤔 Let’s break it down!
🔹 CEX (Centralized Exchange)
✅ Easy to use
✅ High liquidity
✅ Faster transactions
❌ You don't control your private keys
❌ Can be vulnerable to hacks
🔸 DEX (Decentralized Exchange)
✅ Full control over your assets
✅ Greater privacy
✅ No KYC (in most cases)
❌ Requires more technical know-how
❌ Lower liquidity
📌 TL;DR:
CEX = Convenience & Speed
DEX = Control & Privacy
Choose what suits your style. 👊
#CryptoEducation #CEXvsDEX101 #BlockchainBasics #CryptoTips #DeFi
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