#CEXvsDEX101 : Which One is Right for You? 🔄

In the crypto world, you will often hear two main terms: CEX (Centralized Exchange) and DEX (Decentralized Exchange). Both have their advantages and disadvantages. Let's understand the differences! 👇

🔹 CEX (Centralized Exchange)

Examples: Binance, Coinbase

✅ Advantages:

Easy to use, suitable for beginners

High liquidity, fast execution

Customer service & complete features

❌ Disadvantages:

Assets held by a third party (custodial)

Potential hacking risks

🔸 DEX (Decentralized Exchange)

Examples: Uniswap, PancakeSwap

✅ Advantages:

You fully hold your keys & assets (non-custodial)

More private, without KYC

Open-source & transparent

❌ Disadvantages:

Interface can be confusing

High gas fees (especially on certain networks)

Liquidity can be lower

🎯 CEX is suitable for ease and efficiency. DEX is suitable for freedom and full control. Choose what fits your needs and investment style!