#CEXvsDEX101

⚖️ CEX vs DEX: A Quick Rundown You Need! 🔁🔐

When it comes to trading crypto, you’ve got two main choices:

🏛️ Centralized Exchanges (CEXs) – e.g., Binance, Coinbase

✅ Easy to use

✅ High liquidity & customer support

❌ Requires KYC 📄

❌ You don’t own your private keys (not your keys, not your coins!)

🌐 Decentralized Exchanges (DEXs) – e.g., Uniswap, PancakeSwap

✅ Peer-to-peer trading via smart contracts

✅ Full control & self-custody 🔑

✅ No KYC, censorship-resistant 🚫👀

❌ Steeper learning curve

❌ Lower liquidity for some tokens

🤔 The real question: Do you value convenience or control?

🔒 DEX = freedom & privacy

⚙️ CEX = simplicity & support

📢 Choose wisely based on your goals — and always stay secure!