#CEXvsDEX101 🔄
Still unsure about the difference between CEX and DEX? Let’s simplify it for you 👇
💼 CEX (Centralized Exchange)
🏢 Operated by companies like Binance, Coinbase
🪪 KYC required (ID verification)
⚡ Fast trades & deep liquidity
📞 Customer support available
🔐 But... your assets are held by the exchange
🌐 DEX (Decentralized Exchange)
🔁 Peer-to-peer platforms like Uniswap, PancakeSwap
🕶️ No KYC – more privacy
🔑 Full control over your funds
⏳ Slower execution, may have lower liquidity
⚠️ No support if you make a mistake
💡 CEX = Ease & support | DEX = Freedom & control
Which side are you on? Drop your thoughts below 👇
