#CEXvsDEX101
Crypto Battle of the Exchanges! ⚔️
Ever wondered the difference between a CEX and a DEX? 🤔 Let’s break it down! ⬇️
🏦 CEX (Centralized Exchange) – Platforms like Binance or Coinbase where a company manages your trades.
✅ Easy to use
🔐 Requires KYC (Know Your Customer)
⚡ Fast transactions
🤝 Higher liquidity
🌐 DEX (Decentralized Exchange) – Peer-to-peer platforms like Uniswap or PancakeSwap with no central authority.🛡️ You control your funds
🕵️ No KYC – more privacy
🚀 Great for DeFi lovers
⏳ Slower, but fully transparent
💡 CEX = Convenience
💡 DEX = Control
Choose what fits YOU best! Whether you want security & speed or freedom & privacy, the crypto world has it all. 🌍💸