⚔️ #CEXvsDEX101

Let’s break down the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) 👇

🔹 CEX (Centralized Exchange)

🏢 Run by a company (like Binance, Coinbase)

🔐 You deposit crypto into their wallets

💳 Easier for beginners — fiat on-ramps

📈 High liquidity & fast transactions

⚠️ You don’t control your private keys

🔹 DEX (Decentralized Exchange)

🔓 Peer-to-peer — no middleman

👜 You keep control of your crypto wallet

🧠 Requires more knowledge (e.g., MetaMask, slippage, gas fees)

🚫 No KYC required

⏳ Slower but more secure from centralized hacks

🧠 Reminder:

"Not your keys, not your coins."

Which one do you prefer and why? 👇

Let’s discuss! 💬