#CEXvsDEX101

🧠 #CEXvsDEX101 – What’s the Difference? šŸš€

Not sure whether to use a CEX (Centralized Exchange) or a DEX (Decentralized Exchange)? šŸ¤” Here's a quick breakdown:

šŸ”’ CEX (Centralized Exchange):

āœ… User-friendly

āœ… High liquidity

āœ… Fast transactions

āŒ You don’t control your keys (Not your keys, not your crypto)

🌐 DEX (Decentralized Exchange):

āœ… You control your wallet and funds

āœ… No KYC (in most cases)

āœ… Greater privacy

āŒ Can have lower liquidity & slower speeds

šŸ’” TL;DR:

Choose CEX for convenience and speed

Choose DEX for privacy and full control

šŸ“Œ Tip: Try both to understand what suits your trading style!

šŸ‘‡ Which one do YOU prefer and why? Drop your thoughts in the comments!

ā¤ļø Like, šŸ” Share, and šŸ’¬ Comment to join the debate!