#CEXvsDEX101

🏦 What is a CEX?

CEX = Centralized Exchange (like Binance, Coinbase)

You sign up, deposit money, and trade. The exchange controls your funds.

👍 Pros:

Easy to use

Fast trades

Good support

High liquidity

👎 Cons:

You don’t own your private keys

Need to complete KYC (ID check)

Can be hacked

🌐 What is a DEX?

DEX = Decentralized Exchange (like Uniswap, PancakeSwap)

You trade directly from your wallet. No signup, no middleman.

👍 Pros:

You control your crypto

No KYC needed

More privacy

👎 Cons:

Can be harder for beginners

Slower trades

Less help if something goes wrong

⚖️ CEX vs DEX: Which is Better?

It depends on what you need!

Feature CEX DEX

Easy to use ✅ ❌

Privacy ❌ ✅

Control ❌ ✅

Fast trades ✅ ⚠️

💬 Final Tip:

Many users use both!

CEX for quick and easy trades, DEX for privacy and control.

What’s your choice? Let us know 👇

#CEXvsDEX101 #CryptoMadeSimple #BinanceSquare