#CEXvsDEX101: Centralized Exchanges vs Decentralized Exchanges — What’s the Difference? 🤔

If you’re new to crypto, understanding where and how you trade is key! Here’s a quick breakdown:

🔹 CEX (Centralized Exchange)

Managed by a company or organization

User-friendly with customer support

Faster transactions & high liquidity

Examples: Binance, Coinbase, Kraken

🔹 DEX (Decentralized Exchange)

Runs on blockchain with no middleman

You control your private keys

More privacy & censorship resistance

Examples: Uniswap, PancakeSwap, SushiSwap

Which one to choose?

For beginners & ease: CEX is great

For full control & privacy: DEX is the way

Both have pros and cons, so learn what suits your style! 🚀