#CEXvsDEX101 #CEXvsDEX101 – Which Side Are You On?
When it comes to crypto trading, choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) can shape your entire experience.
🔹 CEX (e.g., Binance, Coinbase)
✅ User-friendly
✅ High liquidity
✅ Customer support
⚠️ Requires KYC
⚠️ Funds held by the exchange
🔹 DEX (e.g., Uniswap, PancakeSwap)
✅ Full control over your assets
✅ No middlemen
✅ No KYC
⚠️ Lower liquidity
⚠️ Tech-savvy interface
Whether you value security & privacy or speed & support, it’s crucial to know the strengths and trade-offs of each.
Your keys. Your crypto. Your call.
#CryptoBasics #Binance #Web3 #DeFi #DEX #CEX #CryptoSecurity #BlockchainEducation