#CEXvsDEX101

**🚀 #CEXvsDEX101: What’s the difference?**

If you are a fan of cryptocurrencies, you should know:

🔵 **CEX (Centralized Exchanges)** → *For example: Binance and Coinbase*

✅ Ease of use

✅ High liquidity

📌 You hold your funds (risk of hacking or regulation!)

🟢 **DEX (Decentralized Exchanges)** → *For example: Uniswap and PancakeSwap*

✅ Control over your private keys

✅ No need for KYC (greater privacy)

📌 Lower liquidity + variable fees

⚠️ **Which one should you choose?** It depends on:

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

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