#CEXvsDEX101
⚔️ #CEXvsDEX101 – Centralized vs Decentralized Exchanges
When it comes to trading crypto, you’ve got two main battlegrounds: CEX and DEX. But what’s the real difference?
🏢 CEX (Centralized Exchange)
🔐 Custodial – Your funds are held by the platform
📊 High liquidity & faster transactions
🛡️ Regulated, often with strong security
👤 KYC/AML required (you need to verify identity)
📱 Examples: Binance, Coinbase, Kraken
🌐 DEX (Decentralized Exchange)
🔓 Non-custodial – You control your private keys
🤝 Peer-to-peer trades, powered by smart contracts
🌀 Lower liquidity, but more privacy
🚫 No KYC in most cases
💡 Examples: Uniswap, PancakeSwap, dYdX
💡 TL;DR:
CEX = Speed + support, but centralized.
DEX = Freedom + privacy, but DIY.
🧠 Choose what fits your trading goals and risk profile.
What’s your pick – Control or Convenience?
Drop your thoughts below! 👇
#CryptoBasics #Binance #DeFi #CryptoEducation #CryptoTrading