#CEXvsDEX101 📊 CEX vs DEX: Understand once and for all! #CEXvsDEX101
If you are starting in the crypto world, you need to understand the difference between CEX (Centralized Exchange) and DEX (Decentralized Exchange) — this knowledge can save you time, money, and headaches.
🔐 CEX (Centralized Exchange)
👉 Platforms like Binance, Coinbase, and OKX
✅ More liquidity
✅ User-friendly interface
✅ Customer support
⚠️ You do not have full custody of your cryptos ("not your keys, not your coins")
🌐 DEX (Decentralized Exchange)
👉 Platforms like Uniswap, PancakeSwap, and dYdX
✅ Total control over your assets
✅ Privacy and decentralization
✅ No KYC (in many cases)
⚠️ May have low liquidity and less intuitive UX
💡 Which to choose?
For beginners: CEX may be more user-friendly
For experienced users: DEX offers freedom and autonomy
The real strength is knowing when to use each one!
🧠 Golden tip: Whenever possible, diversify. Learn how both work to be ready for any market scenario.
Comment what you think.
