📊 #CEXvsDEX101 — Which One Fits You Best?
🔹 CEX (Centralized Exchange)
Examples: Binance, Coinbase, Kraken
✔️ Easy to use interface
✔️ Fast order execution
✔️ Customer support available
❗ Requires KYC
❗ You don’t fully control your funds
🔸 DEX (Decentralized Exchange)
Examples: Uniswap, PancakeSwap, dYdX
✔️ Full control over your wallet
✔️ No KYC needed
✔️ Greater privacy
❗ More complex UI
❗ Higher risk if you're not careful
💡 My Take:
CEX is great for beginners, but if you want to explore the full power of DeFi, learning DEX is a must.
Both have their place — it depends on your needs!
👇 What do you think?
Do you prefer the speed and support of CEX, or the freedom of DEX?
Let’s hear your thoughts!
