#CEXvsDEX101 🔐 #CEXvsDEX101: Where Do You Trade? 🤔
When it comes to crypto trading, the first big choice is:
Centralized Exchange (CEX) or Decentralized Exchange (DEX)?
Let’s break it down:
🏢 CEX (e.g., Binance)
✔️ User-friendly
✔️ High liquidity
✔️ Faster transactions
❌ Requires trust in the platform (KYC, custodial)
🌐 DEX (e.g., Uniswap)
✔️ Full control of your assets
✔️ No KYC
✔️ Open & permissionless
❌ Can be complex, with lower liquidity on some pairs
📌 Both have their pros and cons. The smart move? Learn both.
So, are you a CEX strategist or a DEX degen?
Let’s hear it in the comments 👇
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