#CEXvsDEX101

🔑 Summary: #CEXvsDEX101

#CEXvsDEX101 highlights the key differences between Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs):

✅ CEXs (e.g., Binance, Coinbase):

Central authority holds users' funds.

Easier to use, higher liquidity.

Often require KYC.

✅ DEXs (e.g., Uniswap, PancakeSwap):

Users keep control of funds (non-custodial).

Trades via smart contracts.

Usually no KYC, but liquidity varies.

Why It Matters?

Choosing between CEXs and DEXs affects your control, security, and trading style. Learn the differences to trade smart! 🚀