#CEXvsDEX101

📲 CEX (Centralized Exchange)

CEX is like a bank that speaks crypto.

You give it your money, it gives you slick charts, fast trades, and customer support that says, “Sir, please calm down.”

– Pros: Fast, friendly, feels like home

– Cons: Gotta show ID like you’re buying fireworks 🎆

🧙‍♂️ DEX (Decentralized Exchange)

DEX is like a wizard’s marketplace.

No ID, no rules, just vibes. You show up with your wallet and do spells (trades).

– Pros: You’re the boss

– Cons: If you lose your seed phrase, even Gandalf can’t save you 😬

🤔 So…CEX or DEX?

CEX = Convenience 👨‍💼

DEX = Degenerate Libertarian Freedom Fighter 🦇🔊

Binance says: Why not both? 😎