What’s the Difference

Whether you’re new to crypto or brushing up, here’s a quick dive into Centralized Exchanges (CEX) vs. Decentralized Exchanges (DEX):

🏛️ CEX (e.g., Binance)

✅ User-friendly

✅ High liquidity

✅ Fast transactions

❌ Requires KYC

❌ Funds controlled by the platform

🌐 DEX (e.g., Uniswap)

✅ You control your keys

✅ No KYC

✅ Great for privacy

❌ Slower, higher gas fees

❌ Lower liquidity

🎯 My Take:

CEXs are great for beginners and quick trades. But for those who prioritize privacy and decentralization, DEXs are the way to go. Personally, I use both depending on the need.