Wanna Know about CEX vs DEX ???

#CEXvsDEX101 #Write2Earn

1. CEX (Centralized Exchange) – Operated by companies (e.g., Binance, Coinbase).

2. DEX (Decentralized Exchange) – Peer-to-peer platforms (e.g., Uniswap, PancakeSwap).

3. Custody – CEX holds your funds; DEX gives you full wallet control.

4. Ease of Use – CEX is beginner-friendly; DEX requires wallet setup.

5. Security – CEX can be hacked; DEX reduces counterparty risk.

6. KYC – CEX requires ID; DEX often doesn’t.

7. Speed – CEX is fast due to central servers; DEX may lag on busy networks.

8. Liquidity – CEX usually has higher liquidity; DEX can have slippage issues.

9. Fees – DEX often has lower trading fees but higher network fees.

10. Control – DEX offers more financial freedom and privacy.

11. Trust – CEX needs trust in a company; DEX relies on smart contracts.

12. Popular Use – CEX for fiat on-ramps; DEX for DeFi & altcoins.