#CEXvsDEX101
Centralized Exchange (CEX) vs Decentralized Exchange (DEX)
Which one should you use? Let’s break it down 👇
🔸 CEX (Centralized Exchange):
✅ User-friendly & fast
✅ High liquidity
✅ Customer support
⚠️ You trust a third party with your funds
Examples: Binance, Coinbase, Kraken
🔸 DEX (Decentralized Exchange):
✅ You hold your own keys
✅ Greater privacy
✅ Permissionless trading
⚠️ Slower trades & lower liquidity
⚠️ More responsibility for security
Examples: Uniswap, PancakeSwap, SushiSwap
🔐 Your keys, your crypto — or faster trades with support?
💬 Which one do you prefer and why?