#CEXvsDEX101
CEX vs DEX 101
New to crypto and wondering what the difference is between CEX and DEX? Let’s simplify it for you.
A CEX (Centralized Exchange) is like a crypto bank. Platforms like Binance manage your trades, store your crypto, and handle security. It’s beginner-friendly, super fast, and offers customer support.
A DEX (Decentralized Exchange) lets you trade directly from your wallet — no sign-ups, no middleman. It gives you more privacy and full control, but it can feel a bit complex if you’re just starting out.
So, which is better? Depends on your style.
Some love the convenience of CEXs, others value the independence of DEXs.
#CEXvsDEX101
More for all, less for none.