#CEXvsDEX101

🔄 #CEXvsDEX101

New to crypto trading? 🤔 You’ve probably seen the terms CEX and DEX thrown around. Let’s break them down:

🏢 CEX (Centralized Exchange)

Examples: Binance, Coinbase, Kraken

✔️ User-friendly interfaces

✔️ Fast transactions & high liquidity

❌ You don’t control your private keys

❌ Subject to regulations & possible restrictions

🌐 DEX (Decentralized Exchange)

Examples: Uniswap, PancakeSwap, dYdX

✔️ You control your funds (non-custodial)

✔️ Permissionless & censorship-resistant

❌ Can have lower liquidity & slower trades

❌ Higher learning curve for beginners

💡 Key Difference:

CEX = Trust the platform

DEX = Trust the code

📢 Tip: Always do your research and choose what fits your risk level, goals, and experience. 🔐

Are you #TeamCEX or #TeamDEX? Drop your take below! 👇

#CryptoBasics #CryptoTrading #DeFi #BlockchainEducation #Web3 #Crypto101 #FinanceUnchained