#CEXvsDEX101

🏛️ CEX vs DEX — what’s the difference?

If you trade crypto, you have already encountered CEX and DEX. But do you know what their real differences are? Let’s figure it out👇

🔹 CEX (Centralized Exchange)

Examples: Binance, OKX, Bybit

✅ Convenient interface

✅ High liquidity

✅ Support

❌ You need to trust a third party (the exchange holds your funds)

🔸 DEX (Decentralized Exchange)

Examples: Uniswap, PancakeSwap, dYdX

✅ You control your funds

✅ Anonymity and privacy

✅ Access to tokens at early stages

❌ Higher fees (for example, on the Ethereum network)

❌ The interface may be complicated for beginners

💡 Conclusion:

CEX = convenience

DEX = freedom and control

What do you choose? 😉

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