#CEXvsDEX101
🔍 #CEXvsDEX101 – Understand the difference between centralized and decentralized exchanges!
🔹 CEX (Centralized Exchange): like Binance or Coinbase. These are platforms managed by companies, with high liquidity, customer support, and user-friendly interfaces. They require verification (KYC).
🔸 DEX (Decentralized Exchange): like Uniswap or PancakeSwap. There are no intermediaries. You trade directly from your wallet, with more privacy, but less support and higher technical risk.
💡 Both have advantages. CEX is ideal for beginners. DEX offers more freedom.
Which one do you prefer?
Comment below! 👇
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