#CEXvsDEX101 🔄 | Which One’s Right for You?
The crypto world is divided between two major exchanges: CEX (Centralized) and DEX (Decentralized). But what’s the real difference, and which one should you be using?
🟦 CEX (Centralized Exchange)
✅ User-friendly
✅ Faster transactions
✅ High liquidity
🔒 Requires KYC & stores your funds
💡 Best for beginners or those trading high volumes
🟨 DEX (Decentralized Exchange)
✅ Full control of your assets
✅ No sign-ups, just connect your wallet
✅ Supports DeFi tokens
⚠️ Slower, less liquid, and can be complex
💡 Great for privacy-focused and DeFi enthusiasts
CEX is like a bank—you trust a third party.
DEX is like carrying cash—you’re fully in control.
💬 Which one do YOU prefer and why? Drop your thoughts below! 👇