#CEXvsDEX101

๐Ÿ”„ #CEXvsDEX101

Centralized Exchange (CEX) vs. Decentralized Exchange (DEX) โ€“ what's the difference and why does it matter?

๐Ÿ’ผ CEX

โœ… Easy to use

โœ… High liquidity

โœ… Customer support

โŒ You donโ€™t own your keys

โŒ Risk of hacks & shutdowns

๐Ÿ› ๏ธ DEX

โœ… You control your funds (self-custody)

โœ… No sign-ups or KYC

โœ… Transparent, open-source

โŒ Can be less user-friendly

โŒ Lower liquidity on some pairs

๐Ÿ’ก CEX = convenience. DEX = control.

Choose based on your priorities โ€” or use both strategically.

#CEXvsDEX101 #CryptoEducation #DeFi #BlockchainBasics #CryptoTrading #NotYourKeysNotYourCoins