#CEXvsDEX101
๐ก CEX (Centralized Exchange):
โ Easy UI for lazy hands
โ Customer support (for when you ape in and regret it)
โ Holds your keys = Not your coins
๐ต DEX (Decentralized Exchange):
โ Youโre your own bank (and sometimes your own scammer ๐ )
โ Full control = full responsibility
โ Gas fees be like: "Surprise!"
My take:
Start on CEX if you're new and want training wheels. Graduate to DEX when you no longer panic-sell at 2% dips.
#CEXvsDEX101 #BinanceLearnAndEarn #CryptoJourney