#CEXvsDEX101 Centralized or Decentralized — what’s your style? Let’s break it down 🔍👇
🔹 CEX (Centralized Exchange)
➡️ Fast & beginner-friendly
➡️ High liquidity 💧
➡️ Customer support ☎️
❗️But... you don’t control your keys 🗝️
Examples: Binance, Coinbase, KuCoin
🔹 DEX (Decentralized Exchange)
➡️ You own your wallet, your keys, your coins 🔐
➡️ No KYC, more privacy 🕵️
➡️ Trade straight from your wallet
❗️But... slower, and often lower liquidity
Examples: Uniswap, PancakeSwap, dYdX
⚖️ CEX = Convenience
⚙️ DEX = Freedom