#CEXvsDEX101

New to crypto? Let's break it down!

🔹 CEX – Centralized Exchange

Examples: Binance, Coinbase, KuCoin

✅ Easy to use for beginners

✅ High liquidity & faster trades

✅ Customer support available

⚠️ You don’t hold your private keys

⚠️ Subject to regulations & downtime

🔸 DEX – Decentralized Exchange

Examples: Uniswap, PancakeSwap, dYdX

✅ You control your own funds (non-custodial)

✅ No sign-ups or KYC

✅ Transparent & open-source

⚠️ Lower liquidity (in some cases)

⚠️ Can be harder for beginners

🔍 Key Difference?

CEX = Trust the platform

DEX = Trust the code

💡 Pro Tip:

Use CEX for convenience and speed.

Use DEX for privacy and full control.

📌 Know your goals. Choose wisely. Combine both if needed.