#CEXvsDEX101 #CEXvsDEX101 – 150 words in bullet points:

CEX (Centralized Exchange):

Operated by companies (e.g., Binance, Coinbase).

Users deposit funds into the exchange’s custody.

Faster trades with high liquidity.

Easier for beginners with customer support.

Subject to regulations and KYC/AML.

Risk of hacks or misuse by central authority.

Popular for fiat on/off ramps.

DEX (Decentralized Exchange):

Operates on blockchain via smart contracts (e.g., Uniswap, PancakeSwap).

Users retain control of their private keys and funds.

Trustless and permissionless trading.

Slower execution and lower liquidity for some pairs.

No KYC,