#CEXvsDEX101

When diving into crypto, one of the first decisions you’ll make is where to trade — CEX or DEX. Here’s a quick guide to help you choose:

🔹 CEX (Centralized Exchange)

Think Binance, Coinbase, Kraken.

✅ Easy to use, beginner-friendly

✅ High liquidity and fast trades

⚠️ You don’t hold your keys (“Not your keys, not your crypto”)

⚠️ Subject to regulations and potential shutdowns

🔹 DEX (Decentralized Exchange)

Think Uniswap, PancakeSwap, dYdX.

✅ You control your funds (wallet to wallet)

✅ No KYC, no middleman

⚠️ Lower liquidity for some tokens

⚠️ Higher learning curve and risks like slippage or front-running

🔑 CEX = Convenience & speed

🔓 DEX = Freedom & control

Pro tip: Many traders use both depending on the situation.