🔄 #CEXvsDEX101🔥 Which is better for you? 🧠
In the crypto world, there are two types of exchanges:
👔 CEX (Centralized Exchange)
🧩 DEX (Decentralized Exchange)
💼 CEX (like Binance):
✅ Easy to use
✅ High liquidity
✅ Customer support
❌ Custodian of your funds (they have your keys)
🌐 DEX (like Uniswap):
✅ You control your funds
✅ Greater privacy
✅ No KYC
❌ May have less liquidity
❌ More complex for beginners
🎯 Are you someone who wants convenience or do you prefer total sovereignty?
Glossary:
🔹 CEX (Centralized Exchange) – Centralized exchange
Example: Binance, Coinbase
🔐 It is managed by a company.
📲 You deposit your funds there, and they hold them.
👍 Ideal for beginners: easy interface, customer support, high liquidity.
👎 You don’t have full control of your private keys (the security phrase that gives real access to your crypto).
🔹 DEX (Decentralized Exchange) – Decentralized exchange
Example: Uniswap, PancakeSwap
🔓 Works without intermediaries: you trade directly from your wallet.
🕶️ Anonymous, no need for registration or KYC.
👍 You are in charge: no one can freeze your account.
👎 It can be more complicated and have less liquidity.
So, an exchange is the gateway to the crypto world. But you choose whether to cross it with help (CEX) or with total freedom (DEX).