#CEXvsDEX101
#CEXvsDEX101: What’s the Difference? If you’re into crypto, you’ve probably heard of CEX and DEX
🏦 What is a CEX?
CEX = Centralized Exchange (like Binance, Coinbase)
You sign up, deposit money, and trade. The exchange controls your funds.
👍 Pros:
Easy to use
Fast trades
Good support
High liquidity
👎 Cons:
You don’t own your private keys
Need to complete KYC (ID check)
Can be hacked
🌐 What is a DEX?
DEX = Decentralized Exchange (like Uniswap, PancakeSwap)
You trade directly from your wallet. No signup, no middleman.
👍 Pros:
You control your crypto
No KYC needed
More privacy
👎 Cons:
Can be harder for beginners
Slower trades
Less help if something goes wrong
⚖️ CEX vs DEX: Which is Better?
It depends on what you need!
Feature CEX DEX
Easy to use ✅ ❌
Privacy ❌ ✅
Control ❌ ✅
Fast trades ✅ ⚠️
💬 Final Tip:
Many users use both!
CEX for quick and easy trades, DEX for privacy and control.
What’s your choice? Let us know 👇
