#CEXvsDEX101

🔄 #CEXvsDEX101 – My Real Take as a Retail Crypto User

CEX or DEX? That’s the big question for every crypto trader. Here’s what I’ve learned from using both:

🟢 CEX (Centralized Exchanges)

✅ User-friendly for beginners

✅ High liquidity, fast order matching

✅ Fiat on/off ramp is smooth

But…

❌ Your funds = their custody

❌ Prone to outages during volatility

❌ KYC is mandatory

🟣 DEX (Decentralized Exchanges)

✅ You control your keys & assets

✅ No KYC, full privacy

✅ Great for altcoin hunting

But…

❌ Slower and more complex UI

❌ Lower liquidity on many pairs

❌ Gas fees can be painful

💡 What I Do:

I use CEXs like Binance for major trades, margin/futures, and quick swaps.

I use DEXs like Uniswap or PancakeSwap when I want early access to micro-cap gems or prefer keeping things self-custodial.

🔐 Final Thought:

CEX = convenience

DEX = control

It’s not about choosing one — it’s about knowing when to use which.

What’s your preference and why?

#BinanceSquare #CryptoTrading #WriteToEarn #DeFi #CEXvsDEX101