#CEXvsDEX101

💱 #CEXvsDEX101

What’s the difference between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX)? Let’s break it down:

🔹 CEX (Centralized Exchange)

Examples: Binance, Coinbase

Managed by a company or authority

Easier for beginners

Higher liquidity & faster trades

Requires KYC (Know Your Customer)

🔸 DEX (Decentralized Exchange)

Examples: Uniswap, PancakeSwap

No central authority—powered by smart contracts

Users control their own funds

No KYC, more privacy

Lower liquidity, but growing fast

🎯 Choose based on your goals—convenience or control?

Know the difference. Trade smarter.