🔍 #CEXvsDEX101 – What’s the Difference?

🟡 CEX (Centralized Exchange) – e.g., Binance

➡️ Operated by a company

➡️ User-friendly UI, ideal for newcomers

➡️ High liquidity = faster trades + better prices

➡️ Offers fiat onramps, spot/futures, customer support

⚠️ You trust the platform to custody your funds

🟣 DEX (Decentralized Exchange) – e.g., Uniswap

➡️ Peer-to-peer trading via smart contracts

➡️ No sign-up, just connect your wallet

➡️ You control your keys & funds

➡️ Great for DeFi tokens + cross-chain swaps

⚠️ Lower liquidity, higher slippage, no recovery if mistakes happen

🔐 CEX = convenience & scale

🔓 DEX = autonomy & privacy