#CEXvsDEX101

🏛️🔁 #CEXvsDEX101 – What’s the Difference & Why It Matters! 🤔

In crypto, you’ve got two main ways to trade:

🔹 CEX (Centralized Exchange) – Like Binance

✅ Easy to use

✅ High liquidity

✅ Customer support

✅ Fiat on-ramps

⚠️ You trust the platform to hold your funds

🔸 DEX (Decentralized Exchange) – Like Uniswap, PancakeSwap

✅ You control your private keys

✅ Fully on-chain

⚠️ Higher fees, more complex UI, lower liquidity

🎯 I use CEX for fast trading & staking, and DEX when exploring DeFi gems.

Knowing both = true crypto power 💥

#BinanceAfrica #CryptoEducation #Web3Basics #Write2Earn @Binance Africa