#CEXvsDEX101

🔍 #CEXvsDEX101: What’s the Real Difference?

Confused between CEX and DEX? Let’s break it down like a pro! ⚔️

💼 CEX (Centralized Exchange)

A third-party platform (like Binance or Coinbase) manages your trades and holds your assets.

✅ Beginner-friendly

✅ High liquidity

✅ Fast execution

❌ You don’t own your private keys

❌ Requires KYC (Know Your Customer)

🌐 DEX (Decentralized Exchange)

You trade directly from your wallet using smart contracts (like Uniswap or PancakeSwap).

✅ You control your funds

✅ No KYC needed

✅ Open and permissionless

❌ Can be slower

❌ Requires more crypto knowledge

🎯 Pro Tip:

Use CEX for speed and convenience. Use DEX for privacy and true ownership.

💬 Which one do YOU prefer? #CEX or #DEX? Drop your opinion below!

#CryptoEducation #Web3Basics #CryptoTips #CEXvsDEX