๐ #CEXvsDEX101: Centralized or Decentralized? Letโs break it down! ๐ธ
๐ CEX (Centralized Exchange): Think Binance or Coinbase! User-friendly, high liquidity, but you hand over your keys. Great for beginners, but watch out for hacks! ๐ฆ
๐ DEX (Decentralized Exchange): Uniswap or PancakeSwap vibes! You keep control of your funds, trade peer-to-peer, and stay privateโno KYC needed. Perfect for DeFi fans, but gas fees can bite! โฝ
๐ก Pro tip: Mix both! Use CEX for quick trades, DEX for privacy & new tokens. Whatโs your crypto style? Comment below! ๐ #CryptoTrading #CEXvsDEX101