#CEXvsDEX101
🔄 #CEXvsDEX101 — Know Your Exchanges!
📌 CEX (Centralized Exchange)
✅ Managed by companies like Binance or Coinbase
✅ Faster transactions, higher liquidity
✅ Easier for beginners
⚠️ Requires trust in a third party
📌 DEX (Decentralized Exchange)
✅ No middleman — you control your funds
✅ Examples: Uniswap, PancakeSwap
✅ More privacy, no KYC
⚠️ Sometimes slower, less liquid
🎯 CEX = Convenience
🎯 DEX = Control
Choose what fits your trading style best!
#CryptoBasics #CryptoEducation #BlockchainExplained #Web3