#CEXvsDEX101

CEX (Centralized Exchange)

- Controlled by a company (e.g., Binance, Coinbase).

- Higher liquidity and speed.

- KYC required (identity verification).

- Custody of your funds (risk of hacking or regulation).

DEX (Decentralized Exchange)

- No intermediaries (e.g., Uniswap, PancakeSwap).

- Operate from your wallet (self-custody).

- No KYC (anonymity).

- Less liquidity and slower.

- Smart contracts (risk of bugs).

Which to choose?

-CEX: For beginners or professional trading.

-DEX: For privacy, total control, and new tokens.

💡Ideal: Use both according to your needs