๐ CEX vs DEX โ Know the Difference Before You Trade!
Understanding the battle between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is key to navigating crypto confidently.
๐ผ CEX (Centralized Exchange):
โ๏ธ Easy to use
โ๏ธ High liquidity
โ๏ธ Faster transactions
โ You donโt control your keys
โ Subject to KYC, regulations, and outages
๐ DEX (Decentralized Exchange):
โ๏ธ You own your funds (non-custodial)
โ๏ธ No KYC
โ๏ธ Open and permissionless
โ Lower liquidity
โ Slower or costly transactions at times
๐ก Pro Tip:
Use CEX for convenience and speed.
Use DEX when privacy, security, and decentralization matter more.
Which one do you prefer โ and why?
๐ Drop your take below!