#CEXvsDEX101 – Know Where You Trade 🧠🔐

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) both let you trade crypto—but the experience, control, and risks are very different.

🔹 CEX (Centralized Exchange)

– Examples: Binance, Coinbase, Kraken

– Pros: Fast, user-friendly, high liquidity, customer support

– Cons: You don’t control your keys; subject to regulation, downtime, or freezes

🔸 DEX (Decentralized Exchange)

– Examples: Uniswap, PancakeSwap, dYdX

– Pros: Full custody of your assets, no sign-ups, truly peer-to-peer

– Cons: Can be slower, less intuitive, and risky without experience

✅ When to use a CEX:

– Quick fiat on/off ramps

– Big trades that need deep liquidity

– If you’re new to crypto

✅ When to use a DEX:

– You want privacy & control

– Trading low-cap gems early

– Avoiding centralized restrictions

Pro Tip: Many serious traders use both.

#CEXvsDEX101 #CryptoEducation #TradeSmart #NotYourKeysNotYourCoins