#CEXvsDEX101
🏛️ Centralized vs. Decentralized Exchanges – What’s the Difference?
CEX (e.g. Binance):
✅ Easy to use
✅ High liquidity
⚠️ Requires KYC
DEX (e.g. Uniswap):
✅ Fully on-chain
✅ No KYC, more privacy
⚠️ Higher gas fees, sometimes lower liquidity
Choose what fits your strategy and values.