#CEXvsDEX101🔥 🤔

Confused about the difference between CEX and DEX in crypto trading? Let’s break it down:

🔹 CEX (Centralized Exchange) – Think Binance, Coinbase, Kraken.

These platforms are managed by companies that act as intermediaries.

You create an account, deposit funds, and they handle the trading.

✅ High liquidity

✅ Fast & easy to use

✅ Customer support

⚠️ But your assets are held by the platform—less control, more risk if something goes wrong.

🔸 DEX (Decentralized Exchange) – Like Uniswap, PancakeSwap, dYdX.

No central authority. Trades happen directly between users via smart contracts.

🔐 Full control of your crypto

🔐 More privacy & security

⚠️ Lower liquidity

⚠️ Not always beginner-friendly

In a nutshell:

CEX = Convenience & Speed

DEX = Control & Privacy

💭 Which one matches your style? Drop your thoughts below!