⚔️ **#CEXvsDEX101 | Centralized vs Decentralized Exchanges** ⚔️

💡 Choosing where to trade is as important as *what* you trade. Here's the breakdown:

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🏢 **CEX — Centralized Exchange**

Examples: Binance, Coinbase, Kraken

✅ Easy to use

✅ High liquidity & fast trades

✅ Fiat on-ramp supported

❌ Requires KYC & trust in third-party

❌ Custodial — *You don’t hold your keys*

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🌐 **DEX — Decentralized Exchange**

Examples: Uniswap, PancakeSwap, dYdX

✅ Non-custodial — *You hold your own keys*

✅ No KYC — Trade anonymously

✅ Fully on-chain & open-source

❌ Slower transactions, lower liquidity

❌ More complex for beginners

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🔑 **Your Keys, Your Coins vs. Speed & Convenience**

👉 It’s not about which is *better* — it’s about what suits your needs.

🧠 Pro Tip: Use CEXs for speed, support & fiat; DEXs for privacy & control.

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📣 Which one do you use more often — CEX or DEX? And why? Drop your take ⬇️

\#Binance #CryptoEducation #CryptoTrading #CEXvsDEX #Web3 #CryptoTips #BlockchainBasics #DeFi