#CEXvsDEX101
🔄 #CEXvsDEX101
Confused between CEX and DEX? Let’s break it down in simple terms 👇
💼 CEX (Centralized Exchange)
🔒 Run by a company (like Binance, Coinbase)
👤 Requires KYC (ID verification)
⚡ Fast transactions & high liquidity
📞 Customer support available
🚨 But… your assets are held by the exchange (not your keys)
🌐 DEX (Decentralized Exchange)
🔓 Peer-to-peer trading (like Uniswap, PancakeSwap)
🕵️ No KYC – more privacy
🔑 You control your wallet & funds
⏳ Slightly slower & may have lower liquidity
⚠️ No one to call if you make a mistake!
💡 CEX = Convenience | DEX = Control
Which one do YOU prefer? 🤔
Let us know in the comments 👇$TON