#CEXvsDEX101
🏦 CEX (Centralized Exchange)
• Run by a company
• Easy to use, fast, high liquidity
• Requires ID (KYC)
• You don’t fully control your crypto
🌐 DEX (Decentralized Exchange)
• Peer-to-peer, no central authority
• Full control of your funds
• No KYC, more private
• Slower, lower liquidity
💡 CEX = Convenience | DEX = Control & Privacy