#CEXvsDEX101 🔁 CEX vs DEX 101
New to crypto? Let’s break down the 2 main types of exchanges:
💼 CEX (Centralized Exchange)
Run by companies (like Binance, Coinbase)
Easy to use & beginner-friendly
Higher liquidity
KYC required
You don’t fully control your crypto
🔓 DEX (Decentralized Exchange)
No central authority (like Uniswap, PancakeSwap)
No KYC – more privacy
You keep full control of your funds
Slower & may have higher fees
Requires more technical know-how
🧠 Tip: CEX = Convenience | DEX = Control
Which one do you prefer and why?👇
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