#CEXvsDEX101 #CEXvsDEX101

Curious about the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)? 🤔

Here’s a quick breakdown:

🔒 CEX (Centralized Exchange):

Operated by a central authority

User-friendly interface

Faster transactions

Requires KYC/ID verification

Funds are held by the platform

🔓 DEX (Decentralized Exchange):

No middleman – peer-to-peer trading

Greater privacy & control over your funds

No KYC required

Slower and sometimes more complex

You keep custody of your assets

Which one do YOU prefer and why? 💬

Let us know in the comments! 👇

#Crypto #Blockchain #CEX #DEX #Web3 #CryptoBasics #Finance101