🔄 CEX vs. DEX: Your Quick Guide!
Share views with #CEXvsDEX101 → Earn Binance Points!

🔷 CEX (e.g., Binance)
Centralized, custodial
✅ Pros:

⚡ Speed & Liquidity: Instant trades, deep order books.

🌐 Beginner-Friendly: Easy UI, fiat deposits.

🛡️ Support: 24/7 help, insured assets.

❌ Cons:

🔑 Not your keys! (Custodial risk).

📝 Mandatory KYC.

🔶 DEX (e.g., PancakeSwap)
Decentralized, non-custodial
✅ Pros:

🗝️ Full Control: You hold keys.

🌍 Permissionless: No KYC, global access.

💡 Innovation: Trade new tokens early.

❌ Cons:

⏳ Slower, complex for newbies.

💸 High slippage, gas fees.

⚖️ When to Use?

CEX like Binance: Buying crypto with fiat ✅, fast trades ✅, beginners ✅.

DEX: Self-custody ✅, privacy ✅, new gems ✅.

💬 #CEXvsDEX101 #CEXvsDEX101 ich do you prefer?

Why?
👇 Comment & win Binance Points!

(Tip: Pros use BOTH! Buy USDT on Binance → swap on DEX)