🔄 #CEXvsDEX101
Not sure what the difference is between a CEX and a DEX? Let’s simplify it.
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🏦 CEX — Centralized Exchange
> The go-to platform for most traders.
✅ User-friendly interface
✅ Fast transactions with deep liquidity
✅ Fiat deposits and withdrawals
✅ Advanced security and customer support
🔒 Custodial — your assets are managed by the platform
📌 Great for: Beginners, day traders, and anyone who values speed and support.
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🌐 DEX — Decentralized Exchange
> A peer-to-peer way to trade directly from your wallet.
✅ You keep control of your private keys
✅ No sign-ups or verification
✅ Global and open access
❌ Can have higher slippage, limited support
❌ Requires wallet setup and understanding of gas fees
📌 Great for: Crypto-native users who value full self-custody.
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💡 TL;DR:
> CEX = Seamless and secure trading experience
DEX = Full control, more responsibility
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Which one do you use more?
Let us know ⬇️
#CEXvsDEX101 #TradingEducation #Binance #Web3Simplified #CryptoJourney
