🔄 CEX vs DEX 101: Know the Difference 🔄

When it comes to crypto trading, understanding the difference between Centralized Exchanges CEX and Decentralized Exchanges (DEX) is essential.

✅ CEX (e.g., Binance, Coinbase):

Run by a central organization

User-friendly, with high liquidity

Faster transactions but requires trust in the platform

You give up custody of your crypto (not your keys, not your coins)

✅ DEX (e.g., Uniswap, PancakeSwap):

Peer-to-peer, no central authority

You keep control of your funds

Typically more private and censorship-resistant

Slower and may have higher gas fees

💡 TL;DR:

CEX = Convenience & speed, but centralized control

DEX = Autonomy & privacy, but with more responsibility

Pick what fits your priorities—control or convenience. 🧠💰

#CryptoBasics #CEXvsDEX101 #CryptoEducation #NotYourKeysNotYourCoins