#CEXvsDEX101 **CEX vs DEX: 101**

Centralized (CEX) and decentralized (DEX) exchanges are two key ways to trade cryptocurrency.

**CEX** (Binance, Coinbase):

✅ High liquidity

✅ User-friendly interface

✅ Fiat payments

❌ Require KYC

❌ Control of funds by the exchange

**DEX** (Uniswap, PancakeSwap):

✅ Anonymity (no KYC)

✅ Full control over assets

✅ Decentralization

❌ Complexity for beginners

❌ Lower liquidity

**The choice depends on the goals:** speed and simplicity — CEX; privacy and security — DEX.

#Crypto #Blockchain #CEX #DEX