🏛️ #CEXvsDEX101 :What’s the Real Difference? 🤔
Choosing between a CEX (Centralized Exchange) and a DEX (Decentralized Exchange) can define your trading experience! Let’s break it down 👇
🔹 CEX – Centralized Exchange
Examples: Binance, Coinbase, KuCoin
✅ Easy to use
✅ High liquidity & fast trades
✅ Customer support available
⚠️ KYC required
⚠️ You don’t own your keys
🔸 DEX – Decentralized Exchange
Examples: Uniswap, PancakeSwap, dYdX
✅ No KYC, full privacy
✅ You own your private keys 🔐
✅ Trade directly from wallet
⚠️ Slower transactions
⚠️ Lower liquidity (for some tokens)
🧠 Key Rule:
CEX = Convenience
DEX = Control
💬 Which one do YOU prefer for trading and why?
Drop your thoughts in the comments 👇
Let’s discuss and learn together! 🚀
