Centralized vs Decentralized Exchanges 🔄🔐
Choosing where to trade matters. Here's a quick breakdown of CEX and DEX so you can decide what suits you best:
🔹 CEX – Centralized Exchange (e.g., Binance, Coinbase)
These are run by companies. You create an account, deposit funds, and the platform handles your trades.
✅ Easy to use
✅ High liquidity
✅ Customer support
⚠️ You don’t control your private keys
⚠️ Subject to KYC & regulations
🔸 DEX – Decentralized Exchange (e.g., Uniswap, PancakeSwap)
No middlemen. You connect your wallet and trade directly on the blockchain.
✅ You control your funds
✅ No KYC required
✅ Permissionless access
⚠️ Slower transactions & less liquidity
⚠️ Higher learning curve
🔑 TL;DR:
CEX = Convenience & speed
DEX = Freedom & control
