#CEXvsDEX101

Hello All friends 💞

CEX vs DEX 101: What You Need to Know! 🔄

In the crypto world, where you trade matters just as much as what you trade. Here's a quick guide to understand the basics:

🚨 CEX (Centralized Exchange)

✅ User-friendly (great for beginners)

✅ High liquidity & fast trades

✅ Customer support

🔒 You trust a central authority to hold your funds

Examples: Binance, Coinbase, Kraken

🌀 DEX (Decentralized Exchange)

✅ Full control of your assets

✅ Privacy-focused — no KYC in most cases

✅ Supports DeFi & token swaps directly from your wallet

⚠️ Slower, sometimes less liquid

Examples: Uniswap, PancakeSwap, dYdX

⚖️ CEX is for convenience. DEX is for control.

Know your goals, choose your exchange wisely.