🧠#CEXvsDEX101 – What’s the Difference?

Thinking about where to trade crypto? Let’s break it down 👇

🔹 CEX (Centralized Exchange) – like Binance ✅ Fast & easy trades

✅ High liquidity

✅ Customer support

✅ Fiat on/off ramps

🚫 Needs KYC

🚫 Your funds are held by the exchange

🔸 DEX (Decentralized Exchange) – like Uniswap

✅ You control your keys

✅ No KYC

✅ Open & permissionless

🚫 Slower, higher fees

🚫 Complex for beginners

🎯 TL;DR:

CEX = user-friendly & fast

DEX = privacy & control

🔐 Pro Tip: Many users now combine both for convenience + security.