#CEXvsDEX101

In the world of crypto, there are two types of exchanges: CEX (Centralized) and DEX (Decentralized). What’s the difference and what to choose — let’s figure it out!

🔹 CEX (Centralized Exchange):

— Convenient interface

— High liquidity and transaction speed

— Requires verification (KYC)

— The wallet is not yours — the exchange controls the funds

Examples: Binance, Bybit, OKX

🔸 DEX (Decentralized Exchange):

— Anonymity, no KYC needed

— You store your tokens yourself (non-custodial)

— Lower liquidity and higher fees

— Less convenience, but more control

Examples: Uniswap, PancakeSwap, 1inch

📊 What to choose?

➡️ If comfort and speed are important to you — CEX.

➡️ If you value privacy and decentralization — DEX.

⚠️ And remember: not your keys — not your coins.