#CEXvsDEX101 Centralized vs. Decentralized Exchanges – What's the Difference? 🤔

Whether you're new to crypto or a seasoned trader, understanding the key differences is crucial. Here's a quick breakdown:

⚙️ CEX (Centralized Exchange):

Run by a company (e.g., Binance, Coinbase)

Easier for beginners

Custodial: They hold your funds

Faster trades, but you trust the platform

🌐 DEX (Decentralized Exchange):

Peer-to-peer trading (e.g., Uniswap, PancakeSwap)

You control your keys = you control your crypto

No sign-ups, no KYC

May be slower or costlier, but greater privacy

💡 Choose what fits your needs. Security, control, speed — what matters most to you?

#Crypto #Blockchain #DeFi #CEXvsDEX101 #CryptoEducation #CryptoTrading