#CEXvsDEX101

🔁 #CEX vs #DEX 101: Which side are you on?

When entering the crypto world, one of the first questions you'll encounter is: "Should I trade on CEX or DEX?"

Below is a light confrontation between the two major forces:

🏢 CEX – Centralized Exchange

🔹 Examples: Binance, OKX, Bybit

✅ Easy to use for beginners

✅ High volume, high liquidity

✅ Professional support team, security

⚠️ Mandatory KYC – identity is no longer private

⚠️ You do not hold the wallet key – assets depend on a third party

⚠️ Risk of account freezing if violations occur

🌐 DEX – Decentralized Exchange

🔹 Examples: Uniswap, PancakeSwap, dYdX

✅ Anonymous trading – no KYC required

✅ You hold the private key – "Not your key, not your coin"

✅ Suitable for DeFi farming, trading small tokens

⚠️ Interface can be difficult for newcomers

⚠️ Transaction fees can sometimes be high (e.g., Ethereum)

⚠️ Prone to scams if smart contracts are not carefully checked

📌 So what should you choose?

🎯 Newcomers – CEX is the ideal place to start

🧠 Tech-savvy individuals – DEX is the choice if you want to control your assets

💼 Many choose to combine both to take advantage of the benefits and mitigate the drawbacks

💬 Are you "sheltering" on CEX or have you "plunged" deep into the DEX world?