**CEX vs. DEX 101: Key Differences You Should Know**

Centralized exchanges (CEX) and decentralized exchanges (DEX) are two main ways to trade crypto, each with pros and cons.

🔵 **CEX (e.g., Binance, Coinbase)**

✅ User-friendly, high liquidity

✅ Fast transactions, fiat support

❌ Custodial (you don’t control keys)

❌ KYC required

🟢 **DEX (e.g., Uniswap, PancakeSwap)**

✅ Non-custodial (you own your keys)

✅ No KYC, more privacy

❌ Steeper learning curve

❌ Lower liquidity for some tokens

**Which to use?**

- **Beginners:** Start with a CEX for ease.

- **Privacy & control fans:** Go DEX.

Both have risks—DYOR before trading! 🚀 #Crypto101 #CEXvsDEX