#CEXvsDEX101 Sure! Here's a short and current note on #CEXvsDEX101 (as of June 2025):
#CEXvsDEX101 – June 2025 Update
Understanding the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is essential for navigating the crypto world:
🔹 CEX (Centralized Exchange)
Examples: Binance, Coinbase, Kraken
Operated by a company that acts as an intermediary. Offers high liquidity, customer support, and fast transactions. Requires KYC (Know Your Customer) verification.
✅ Pros:
Easy to use
Fast trade execution
High liquidity
❌ Cons:
Centralized control
Custodial (you don’t control your private keys)
Regulatory risk
🔹 DEX (Decentralized Exchange)
Examples: Uniswap, PancakeSwap, dYdX
Peer-to-peer trading directly on the blockchain. Users trade directly from their wallets without giving up custody of funds. No central authority.
✅ Pros:
Non-custodial (you keep your keys)
Greater privacy
Lower risk of censorship
❌ Cons:
Can be slower and more complex
Lower liquidity on some tokens
No customer support
🆕 2025 Trends:
Hybrid Exchanges combining CEX speed with DEX control
AI-driven DEX aggregators for optimal pricing
KYC-compliant DEXs gaining traction for regulatory alignment
Hashtags: #CEXvsDEX101 #CryptoTrading #Web3 #DeFi2025 #CryptoEducation #BlockchainBasics