#CEXvsDEX101 Sure! Here's a post you can use with the hashtag #CEXvsDEX101:
🏦 CEX vs DEX — What’s the Difference?
Let’s break it down 🔍
🔹 CEX (Centralized Exchange):
✔️ Easy to use
✔️ High liquidity
✔️ Faster trades
❗️You trust a third party to hold your funds (e.g., Binance, Coinbase)
🔹 DEX (Decentralized Exchange):
✔️ Full control of your assets
✔️ More privacy
✔️ Permissionless access
❗️Lower liquidity, may be slower (e.g., Uniswap, PancakeSwap)
🚨 Not your keys, not your crypto — a DEX motto!
But both have pros & cons depending on your needs.
Where do you trade more? 🤔