#CEXvsDEX101 🔍 CEX vs DEX – What’s the Difference?
#CEXvsDEX101
Whether you’re new to crypto or deep in the game, understanding the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is crucial.
💠 CEX – Think Binance, Coinbase, or Kraken.
✅ Easy to use
✅ High liquidity
✅ Customer support
❌ You don’t control your private keys
💠 DEX – Think Uniswap, PancakeSwap, or dYdX.
✅ Full control of your funds
✅ Permissionless and open
✅ No KYC
❌ Can be harder to use for beginners
🧠 Know the pros and cons.
Your keys, your coins – but convenience matters too.
Which one do you prefer? Comment below 👇
#CryptoEducation #DeFi #Web3 #BinanceSquare