#CEXvsDEX101 Sure! – What’s the Difference? 🔄
New to crypto? Let’s break it down!
CEX = Centralized Exchange (like Binance or Coinbase)
✅ Easy to use
✅ Faster trades
🚫 Requires trust in a third party
🚫 Can be vulnerable to hacks
DEX = Decentralized Exchange (like Uniswap or PancakeSwap)
✅ Full control of your assets
✅ No middleman
🚫 Slower transactions
🚫 Can be complex for beginners
Both have pros and cons—choose what fits your style and risk level.
Know the difference, stay safe, and trade smart!