#CEXvsDEX101

🏛️ The difference between CEX and DEX – Which one to choose?

In the world of crypto, trading platforms are divided into two main types:

⸻

🔸 CEX (Centralized Exchanges)

Such as: Binance, Bitget, OKX

✅ Easy to use

✅ High liquidity and fast execution

✅ Technical support and protection from some errors

❌ Requires identity verification (KYC)

❌ Funds are under the control of the platform

⸻

🔹 DEX (Decentralized Exchanges)

Such as: Uniswap, PancakeSwap, dYdX

✅ No need for an account or identity

✅ You control your funds (non-custodial)

✅ Higher privacy

❌ Lower liquidity (especially for small coins)

❌ No support in case of error or key loss

⸻

💡 Advice for the smart user:

• Use CEX for speed and active trading.

• Use DEX for secure trading without intermediaries, especially on DeFi networks.

#CEXvsDEX101

#CryptoEducation #DeFi #LearnCrypto #Trading