#CEXvsDEX101
CEX vs DEX – Which Side Are You On?
In crypto, two titans compete daily:
⚔️ CEX (Centralized Exchange) – Fast, user-friendly, and perfect for beginners. But remember, not your keys, not your coins. The exchange controls your assets.
⚡ DEX (Decentralized Exchange) – Full control, no KYC, no middlemen. You own your keys and your crypto. However, DEXs can be slower and less intuitive for newcomers.
📊 Quick Snapshot:
🔹 Asset custody: CEX holds it | DEX = you hold it
🔹 KYC: CEX = yes | DEX = no
🔹 Speed: CEX is faster | DEX depends on network
🔹 Risks: CEX = hacks, freezes | DEX = smart contract bugs
🔹 Fees: CEX often lower | DEX depends on gas fees
🔮 Will Web3's future be decentralized or will convenience keep CEXs on top?
👇 Sound off below — are you #TeamCEX or #TeamDEX?
$BNB $UNI
#CEXvsDEX101