#CEXvsDEX101
CEX vs. DEX: Quick Guide! š
š¦ CEX (Centralized Exchange)
Pros:* Fast, user-friendly, high liquidity.
Cons: Custodial (you donāt hold keys!), KYC required.
When: Beginners & quick trades. Ex: Binance
š DEX (Decentralized Exchange)
Pros: Non-custodial (you own keys!), no KYC.
Cons: Slower, complex UI, lower liquidity.
When: Privacy lovers & self-custody fans. Ex: Uniswap
