#CEXvsDEX101
Hi All.....
Centralized vs Decentralized Exchanges
Crypto exchanges come in two flavors: **CEX** and **DEX**. Let’s break it down:
🏢 CEX (Centralized Exchange)
Examples : Binance, Coinbase, Kraken
✅ User-friendly
✅ Fast transactions
✅ Customer support
⚠️ You don’t control your keys
⚠️ Risk of hacks & regulations
"Not your keys, not your coins."
🌐 DEX (Decentralized Exchange)
Examples : Uniswap, PancakeSwap, dYdX
✅ Full control of your funds
✅ No sign-ups or KYC
✅ Open-source and transparent
⚠️ Can be slow or complex
⚠️ Higher gas fees, less liquidity
“You’re the bank. You’re the boss.”
🤔 So, Which One’s Better?
Use CEX if you're new or need quick trading.
Use DEX if you value privacy and control.
Pro Tip: Many users **use both** based on their needs!
🧠 Stay smart. Trade safe.
💬 What do YOU prefer – CEX or DEX? Drop your pick below!
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