#CEXvsDEX101 🔄 CEXvsDEX101: Which One is More Suitable for You? 🤔

In the crypto world, we often hear the terms CEX (Centralized Exchange) and DEX (Decentralized Exchange). Both have their own advantages and disadvantages.

🏢 CEX like Binance, Bybit, or OKX are centralized platforms. The main advantages are:

✅ Easy to use

✅ High liquidity

✅ Customer service

However, users must relinquish control of their assets to a third party, meaning it's not entirely 'not your keys, not your coins.'

🌐 DEX like Uniswap, PancakeSwap, or SuiSwap are intermediary-free platforms.

✅ Assets remain in personal wallets

✅ Higher transparency

✅ Suitable for airdrop hunters and early projects

But the disadvantages are:

⚠️ Requires technical understanding

⚠️ Can be more expensive & limited liquidity on some tokens

CEX is suitable for beginners and active traders. DEX is suitable for those who prioritize privacy and full control over their assets.

Choose what fits your needs — or use both wisely! 🔐