#CEXvsDEX101 📊 #CEXvsDEX101

Not all crypto exchanges are created equal.

Here’s the TL;DR on Centralized (CEX) vs Decentralized (DEX) Exchanges:

🔒 CEX (e.g., Binance, Coinbase)

✅ Easy to use

✅ High liquidity

✅ Fiat support

❌ You don’t own your keys

❌ Subject to KYC, regulations

🧩 DEX (e.g., Uniswap, PancakeSwap)

✅ You control your funds

✅ No KYC

✅ Permissionless access

❌ More complex UI

❌ Lower liquidity for some tokens

🚨 Reminder:

> 🔑 Not your keys, not your crypto