#CEXvsDEX101 #CEXvsDEX101 ⚖️ | Which Exchange Is Right for You?

In the ever-evolving world of crypto, the debate between Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) continues to heat up. Understanding the differences can help you choose the right platform for your trading strategy.

🔹 CEX (Centralized Exchange)

🏢 Example: Binance, Coinbase

✅ Pros:

• High liquidity & faster trades

• User-friendly interfaces

• Fiat on-ramps and customer support

⚠️ Cons:

• Requires KYC

• Funds held by the exchange (custodial)

🔹 DEX (Decentralized Exchange)

🌐 Example: Uniswap, PancakeSwap