#CEXvsDEX101
🧠 #CEXvsDEX101 – What’s the Difference? 🚀
Not sure whether to use a CEX (Centralized Exchange) or a DEX (Decentralized Exchange)? 🤔 Here's a quick breakdown:
🔒 CEX (Centralized Exchange):
✅ User-friendly
✅ High liquidity
✅ Fast transactions
❌ You don’t control your keys (Not your keys, not your crypto)
🌐 DEX (Decentralized Exchange):
✅ You control your wallet and funds
✅ No KYC (in most cases)
✅ Greater privacy
❌ Can have lower liquidity & slower speeds
💡 TL;DR:
Choose CEX for convenience and speed
Choose DEX for privacy and full control
📌 Tip: Try both to understand what suits your trading style!
👇 Which one do YOU prefer and why? Drop your thoughts in the comments!
❤️ Like, 🔁 Share, and 💬 Comment to join the debate!