#CEXvsDEX101 📊: Which platform to choose to trade your cryptos? 🔄

In the crypto universe, two types of platforms compete: CEX (Centralized Exchanges) and DEX (Decentralized Exchanges). Here’s a small comparison to better understand their differences 👇

đŸ”č CEX (Centralized Exchanges): Binance, Coinbase, Kraken


‱ Easy to use ✅

‱ More liquidity 💧

‱ Customer support đŸ› ïž

‱ KYC (identity verification) required 📋

đŸ”č DEX (Decentralized Exchanges): Uniswap, PancakeSwap


‱ Guaranteed anonymity 😎

‱ Total control of your funds 🔐

‱ Less regulation ⚖

‱ Sometimes less intuitive 📉

🎯 Do you want comfort and speed? Go for a CEX.

đŸ›Ąïž Do you want freedom and security? The DEX is for you.

👉 So, are you more CEX or DEX? Let us know in the comments! 💬