#CEXvsDEX101 🔁: Centralized Exchanges (CEX) vs Decentralized Exchanges (DEX) – what’s the difference?

💼 CEX: User-friendly, fast transactions, high liquidity. But you give up control—your funds are held by the exchange. Examples: Binance, Coinbase.

🔐 DEX: No intermediaries. You keep control of your keys and funds. It’s more private and censorship-resistant, but often slower and less beginner-friendly. Examples: Uniswap, PancakeSwap.

Each has pros and cons—CEX for convenience, DEX for control. Choose based on your priorities: security, ease, or decentralization.

Knowledge = power in crypto! 🧠💰