#CEXvsDEX101

**🚀 #CEXvsDEX101: What is the difference?**

If you're in **crypto**, you should know:

🔵 **CEX (Centralized Exchanges)** → *Ex: Binance, Coinbase*

✅ Easy to use

✅ High liquidity

📌 Custodian of your funds (Risk of hacks or regulation!)

🟢 **DEX (Decentralized Exchanges)** → *Ex: Uniswap, PancakeSwap*

✅ You control your private keys

✅ No KYC (more privacy)

📌 Less liquidity + variable fees

⚠️ **Which to choose?** It depends:

🔷 **CEX** → If you want convenience and speed.

🔶 **DEX** → If you prioritize decentralization and security.