🔄 #CEXvsDEX101

Confused about the difference between CEX & DEX? Here's a brief explanation! 👇

💼 CEX (Centralized Exchange)

➡️ Example: Binance, Coinbase

✅ User-friendly

✅ High liquidity

❌ Requires KYC (identity verification)

❌ Funds stored by a third party

🔓 DEX (Decentralized Exchange)

➡️ Example: Uniswap, PancakeSwap

✅ No KYC (more anonymous)

✅ You hold your own private key

❌ Sometimes lower liquidity

❌ UI can be confusing for beginners

🎯 CEX = Convenient & fast

🎯 DEX = Independent & more private

Which team are you on? 🤔

#CryptoBasics #BelajarCrypto #Blockchain101 #CEXvsDEX