#CEXvsDEX101
CEX (Centralized Exchange):
– Easy to use
– Faster trades
– Needs KYC (ID required)
🔸 DEX (Decentralized Exchange):
– No sign-up, no KYC
– You control your wallet
– Slower & higher fees sometimes
CEX (Centralized Exchange):
– Easy to use
– Faster trades
– Needs KYC (ID required)
🔸 DEX (Decentralized Exchange):
– No sign-up, no KYC
– You control your wallet
– Slower & higher fees sometimes