🏛️🔁 CEX vs DEX – Know the Difference!
Whether you're starting your crypto journey or just refreshing your knowledge, understanding Centralized Exchanges (CEX) vs Decentralized Exchanges (DEX) is essential. Here's a quick side-by-side breakdown:
🔷 Centralized Exchange (CEX)
Examples: Binance, Coinbase, KuCoin
✔️ Easy to use – beginner friendly
⚡ High liquidity & fast transactions
🛎️ Customer support available
❌ You don't own your private keys
🚫 Can be regulated, restricted, or shut down
🔶 Decentralized Exchange (DEX)
Examples: Uniswap, PancakeSwap, dYdX
🔐 You control your funds & private keys
🌍 Trade directly from your wallet – no middleman
🛡️ Lower risk from centralized hacks
⚠️ Can be complex for newcomers
🐢 May have lower liquidity & slower trade speeds
🔐 CEX = Speed & Simplicity
🌐 DEX = Freedom & Privacy