#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?

#Binance #Crypto101