#CEXvsDEX101
🔄 CEX vs DEX: Which One's Right for You? 🔐
In crypto, how you trade matters just as much as what you trade. Let’s break it down:
⚙️ CEX (Centralized Exchange)
✅ User-friendly & fast
✅ High liquidity
✅ Customer support
❌ Requires KYC
❌ Funds are custodied by the platform
Examples: Binance, Coinbase, Kraken
🧬 DEX (Decentralized Exchange)
✅ Full control of your funds
✅ Privacy – no KYC
✅ Permissionless access
❌ Slower transactions
❌ Can have lower liquidity and higher slippage
Examples: Uniswap, PancakeSwap, dYdX
💡 Quick Take:
Beginners often start with CEXs for ease of use
Advanced users may prefer DEXs for autonomy and DeFi access
🌉 Many traders now use both – bridging convenience with self-custody.
Which do you prefer: CEX or DEX? And why? Drop your thoughts below 👇