#CEXvsDEX101 🚨 CEX vs DEX 101 🔍

Wondering where to trade crypto? Let's break it down:

🔵 CEX (Centralized Exchange)

✅ User-friendly (ideal for beginners)

✅ High liquidity & faster trades

✅ Customer support

❌ Requires KYC (Know Your Customer)

❌ You don’t control your private keys

👉 Examples: Binance, Coinbase, Kraken

🟠 DEX (Decentralized Exchange)

✅ You control your keys & funds (non-custodial)

✅ No KYC (pseudonymous)

✅ Open-source & censorship-resistant

❌ Slower trades & lower liquidity

❌ Can be complex for newbies

👉 Examples: Uniswap, PancakeSwap, dYdX

🎯 Key Difference:

CEX = Trust the platform

DEX = Trust the code

Which one do YOU prefer — security & control or convenience & speed? 💬👇

#Crypto #Blockchain #DeFi #Web3 #CryptoTrading