💼 CEX (Centralized Exchange)

It’s like your friendly neighborhood bank 🏦

✅ Easy to use

✅ Customer support available

✅ Fast transactions

BUT…

❌ You trust them with your funds

❌ Can freeze withdrawals

❌ Might ask for KYC

💻 DEX (Decentralized Exchange)

It’s like a cool underground club 🎧

✅ Your keys, your crypto!

✅ Trade directly on the blockchain

✅ No middleman

BUT…

❌ A bit technical to use

❌ Slower for newbies

❌ No “Oops, I forgot my password!”

🎯 CEX: Great for beginners, high liquidity, but centralized risks.

🎯 DEX: For the true DeFi degen – full control, but DYOR!

#CEXvsDEX101 #BinanceSquareTalks