#CEXvsDEX101 CEX vs. DEX โ Which One Wins? ๐ฅ
#CEXvsDEX101 | #CryptoBasics | #Flicky123Nohawn
Still confused between using a Centralized Exchange (CEX) vs. a Decentralized Exchange (DEX)?
Hereโs your no-BS breakdown:
๐คCEX (Centralized Exchange)
โ Super beginner-friendly
โ Fast trades & deep liquidity
โ You don't own your keys (โ ๏ธ "Not your keys, not your crypto")
โ Usually requires KYC
๐ฃ DEX (Decentralized Exchange)
โ YOU control your wallet ๐
โ No middlemen, no KYC
โ Greater privacy
โ Lower liquidity & sometimes slower transactions
โ๏ธ Bottom Line:
๐ Use CEX for speed & convenience
โก Use DEX for freedom & control
๐ซ Pro Tip: Use both โ learn the game from both sides.
๐ CEX or DEX? Which one do YOU ride with & why?
Drop your take โฌ๏ธ
โค๏ธ Like ๐ Repost ๐ฌ Comment to join the discussion!