#CEXvsDEX101 – Here's a basic breakdown of Centralized Exchanges (CEX) vs. Decentralized Exchanges (DEX):
❌ Cons:
Custodial: You don’t control your private keys
Security Risks: Target for hacks
KYC/AML Required: Limited privacy
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DEX (Decentralized Exchange)
Examples: Uniswap, PancakeSwap, dYdX
✅ Pros:
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