#CEXvsDEX101 CEXvsDEX101
🚀 Main differences between CEX and DEX — in 60 seconds
🔸 CEX — Centralized Exchanges:
💼 Exchange control over assets
⚡ High liquidity
✅ User-friendly interface, futures, margin trading
🔒 Require KYC
❗ Possible blocks and freezes
Examples: Binance, Bybit, OKX
🔸 DEX — Decentralized Exchanges:
🔑 Only you control your funds
💸 Anonymously, without verification
🛡️ No restrictions
⚠️ Less liquidity, possible scam tokens
⚙️ More complex interface