#CEXvsDEX101 Nice — looks like you're gearing up for a primer on centralized exchanges (CEX) vs decentralized exchanges (DEX). Let’s break it down cleanly:

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📚 #CEXvsDEX101

📌 What’s a CEX?

A Centralized Exchange is a platform managed by a company or organization where users trade crypto assets.

Examples: Binance, Coinbase, Kraken.

Key traits:

User funds are held by the exchange.

KYC/AML requirements.

Faster transactions & deeper liquidity.

Customer support available.

Vulnerable to hacks or regulatory shutdowns.

📌 What’s a DEX?

A Decentralized Exchange operates via smart contracts and blockchain networks, letting users trade directly from their wallets.

Examples: Uniswap, PancakeSwap, dYdX.

Key traits:

Users retain control of their private keys & funds.

Typically no KYC.

Trades are peer-to-peer via liquidity pools.

Often slower/more expensive during network congestion.

Less regulated, but more transparent.

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📊 Quick Comparison

Feature CEX DEX

Custody Exchange holds funds User holds funds

KYC/AML Required Often not required

Security Risk Centralized (hack risk) User responsibility

Speed & Liquidity High Depends on network & pools

Control Exchange control Full user control

Regulatory Exposure High Low to moderate

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📝 TL;DR:

CEX = Convenience, speed, and support — but at the cost of custody and privacy.

DEX = Freedom, privacy, and self-custody — but demands more responsibility.

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Want me to turn this into a carousel post or Twitter thread too? 🚀