#CEXvsDEX101

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) both serve the same purpose—trading crypto—but they operate very differently.

CEXs like Binance offer high liquidity, user-friendly interfaces, and faster trade execution. They’re perfect for beginners and provide customer support. But they require KYC and you're trusting a third party with your assets.

DEXs, on the other hand, give you full control. You keep custody of your assets and trade directly from your wallet. There's no KYC, but lower liquidity, higher slippage, and slower speeds can be challenging.

I use both based on what I’m trading.

Which do you prefer—CEX or DEX? Comment below 👇

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