#CEXvsDEX101
Confused between Centralized and Decentralized Exchanges? 🤔 Let’s break it down:
🔹 CEX (Centralized Exchange)
✅ User-friendly (e.g., Binance, Coinbase)
✅ Fast transactions & high liquidity
⚠️ You don't control your keys
⚠️ Vulnerable to hacks & regulation
🔹 DEX (Decentralized Exchange)
✅ You own your private keys 🔑
✅ Greater privacy, fewer restrictions
⚠️ Slower execution & lower liquidity
⚠️ Can be complex for beginners
🎯 Bottom Line:
Use CEX for ease & convenience
Choose DEX for control & decentralization
Which side are YOU on? 🏛️ vs 🌐
Let’s hear your thoughts! 👇