#CEXvsDEX101

CEX vs DEX 101: What’s the Difference?*

New to crypto and confused between CEXs and DEXs? Let’s break it down. 🤔

Centralized Exchanges (CEXs) like Binance, Coinbase, and Kraken are run by companies that act as intermediaries for trades. They offer high liquidity, faster transactions, and user-friendly interfaces — great for beginners. But they hold your funds in custodial wallets, which means you’re trusting them with your assets.

Decentralized Exchanges (DEXs) like Uniswap or PancakeSwap, on the other hand, let users trade directly from their own wallets. No middlemen, more privacy, and complete control over your funds. But they can be slower, have less liquidity, and may require more technical know-how.

🏦 **CEX = Convenience + Trust**

🔐 **DEX = Freedom + Control**

Choose what fits your goals. Know the risks, stay informed, and trade smart! 💡

#Crypto101 #CEXvsDEX #BinanceEducation #DeFi #Web3