#CEXvsDEX101 Great topic — let’s break down CEX vs DEX 101 in a clean, easy-to-digest way. Here’s a primer for you:

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📊 CEX vs DEX 101

🔍 CEX (Centralized Exchange) DEX (Decentralized Exchange)

Control Managed by a company or entity (e.g. Binance, Coinbase) Peer-to-peer, controlled by smart contracts and code (e.g. Uniswap, PancakeSwap)

Custody You deposit crypto to their wallets (they hold your keys) You trade directly from your own wallet (you hold your keys)

KYC/AML Typically required (ID verification) Usually no KYC, more privacy

Liquidity Generally deeper liquidity and faster order execution Can have lower liquidity, especially for obscure pairs

Ease of Use User-friendly interfaces, customer support Requires basic Web3 knowledge, self-custody wallet setup

Security Risks Vulnerable to hacks, regulatory shutdowns Smart contract bugs, phishing scams, impermanent loss

Fees Trading + withdrawal fees, sometimes higher Typically lower, but varies by network gas fees

Trading Options Spot, futures, margin, staking, etc. Mainly spot, though DEX derivatives are growing

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📌 TL;DR:

CEX = Convenience, higher liquidity, but you trust a middleman.

DEX = Freedom, self-custody, more privacy, but requires know-how.

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If you want, I can also cook up a quick infographic or a Twitter/X thread-style summary for this. Would you like that? 🚀