#CEXvsDEX101 Not all crypto exchanges are created equal. 💡

Let’s break down Centralized (CEX) vs Decentralized (DEX) exchanges:

🏛 CEX (Centralized Exchange)

✔️ User-friendly & fast

✔️ High liquidity

✔️ Customer support

❌ Requires KYC (ID verification)

❌ You don’t control your private keys

🌐 DEX (Decentralized Exchange)

✔️ Full control of your assets (You hold the keys 🔐)

✔️ Anonymous (no KYC)

✔️ Transparent & open-source

❌ Slower transactions & lower liquidity

❌ More complex for beginners