#CEXvsDEX101 ๐ Whatโs the difference? Letโs simplify!
๐ฆ CEX (Centralized Exchange) โ Like Binance! Easy to use, fast trades, customer support ๐ But you trust the platform to hold your funds. ๐
๐ DEX (Decentralized Exchange) โ You trade directly from your wallet. More control, more privacy ๐ถ๏ธ But slower and sometimes trickier for beginners. ๐คฏ
๐ง Choose what fits your style:
โจ CEX = convenience
โจ DEX = control
Why not explore both? Just always stay safe and do your own research! ๐ก๏ธ
#CryptoBasics DYORโผ๏ธ