#CEXvsDEX101

What is the difference between centralized (CEX) and decentralized (DEX) exchanges?

📌 Centralized exchanges (CEX) are platforms like Binance or Bybit. They are convenient, with high trading volumes, but require KYC and hold your funds.

📌 Decentralized exchanges (DEX) are platforms like Uniswap or 1inch. They do not require registration, allow you to maintain control over your assets, but can be more complex to use and have lower liquidity.

💡 If privacy and control are important — choose DEX. If you value convenience and speed — CEX might be a better fit.

What are you trading on? 😉

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