#CEXvsDEX101 #CEXvsDEX101 | Centralized or Decentralized?
💼 CEX (Centralized Exchange)
👉 Example: Binance, Coinbase
✅ Easy to use
✅ High liquidity
❌ Custodian of your funds (you don’t have the keys!)
🌐 DEX (Decentralized Exchange)
👉 Example: Uniswap, PancakeSwap
✅ You control your funds
✅ No KYC, more privacy
❌ It can be less intuitive and have lower liquidity
📌 In summary:
🔐 CEX = convenience
🛡️ DEX = total control
And you? Team CEX or Team DEX?