#CEXvsDEX101

CEXs vs DEXs: What’s the Difference?

Centralized Exchanges (CEXs) like Binance are easy to use, fast, and offer customer support. Decentralized Exchanges (DEXs) like Uniswap give you more privacy and full control of your crypto.

CEX Pros: Easy to use, quick trades, support available.

CEX Cons: You don’t control your coins, and you must share personal info.

DEX Pros: You control your wallet, no sign-up needed, more private.

DEX Cons: Can be slower, harder to use, and fees can be higher.

I use CEXs for big trades and ease. I use DEXs when I want privacy or new tokens. I always check security, fees, and if the token is available.

First time using a DEX? Start small, double-check everything, and learn about gas fees.

Disclaimer: This is not financial advice. Always do your own research before using any exchange or investing in crypto.