#CEXvsDEX101 Confused between **Centralized (CEX)** and **Decentralized Exchanges (DEX)**? Here’s the breakdown:

✅ **CEX (Binance, Coinbase, Kraken)**

✔ Easy to use (great for beginners)

✔ High liquidity & fast trades

✔ Fiat on/off ramps (buy crypto with $)

⚠️ Requires KYC, custodial (you don’t own keys)

✅ **DEX (Uniswap, PancakeSwap, dYdX)**

✔ No KYC – trade anonymously

✔ Non-custodial (you control your wallet)

✔ Access to new & niche tokens

⚠️ Steeper learning curve, smart contract risks

**Which do you prefer?** CEX for convenience or DEX for true #defi freedom? 💡 #Crypto #Bitcoin #trading