🧠 CEX vs DEX 101: What’s the Difference?
Whether you're a crypto newbie or seasoned trader, understanding the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is essential. Here's a simple breakdown:
🔐 CEX (Centralized Exchange):
Custodial: Platform holds your funds
User-friendly interfaces & high liquidity
Faster transactions
KYC required
➡️ Examples: Binance, Coinbase
🛠 DEX (Decentralized Exchange):
Non-custodial: You control your keys
Peer-to-peer trading via smart contracts
More privacy, but lower liquidity
No KYC (in most cases)
➡️ Examples: Uniswap, PancakeSwap
🧩 Choose CEX for convenience. Go DEX for control.
Both have strengths — your strategy should match your goals.
