#CEXvsDEX101

Crypto trading happens mainly on two types of platforms: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). CEXs like Binance or Coinbase are user-friendly, fast, and offer high liquidity, but require KYC and hold your funds. DEXs like Uniswap or PancakeSwap give you full control of your assets and no sign-up, but may have lower liquidity and slower speeds. CEX = convenience and support. DEX = privacy and control. Each has pros and cons—choose based on your needs and risk tolerance. #CryptoBasics #CEXvsDEX #Blockchain101 #DYOR