🔁 #CEXvsDEX101 – What's the Difference?
Wondering whether to trade on a Centralized Exchange (CEX) or Decentralized Exchange (DEX)?
💼 CEX (e.g., Binance)
✔ Easy to use
✔ High liquidity
✔ Faster transactions
❌ Need to trust the platform (KYC required)
🕸 DEX (e.g., Uniswap)
✔ No sign-up, full privacy
✔ You control your funds (non-custodial)
❌ Slower trades, sometimes low liquidity
🎯 Pro Tip: Beginners prefer CEX for simplicity. Experts may go DEX for freedom.
Which one suits your trading style?
