#CEXvsDEX101

๐Ÿ”„ #CEXvsDEX101 โ€“ Which one is better?

๐Ÿ”ธ Centralized Exchange (CEX) โ€“ Jaise Binance, CoinDCX, WazirX.

โœ”๏ธ Easy to use

โœ”๏ธ High liquidity

โŒ Control third-party ke paas hota hai

โŒ KYC required

๐Ÿ”ธ Decentralized Exchange (DEX) โ€“ Jaise Uniswap, PancakeSwap.

โœ”๏ธ No KYC, more privacy

โœ”๏ธ Aapke funds aapke control mein

โŒ Thoda complex UI

โŒ Lower liquidity

๐Ÿ’ก Meri preference: I use CEX for day-to-day trading because itโ€™s simple and fast, but for privacy-focused moves, DEX is a great choice.

๐Ÿ“ข Choose according to your need, security and freedom. Happy trading! ๐Ÿš€

#Crypto #CEX #DEX #Binance #CryptoEducation #CEXvsDEX101