๐Ÿ›๏ธ๐Ÿ”„ CEX vs DEX 101: Whatโ€™s the Difference? ๐Ÿ”

In the crypto world, choosing where to trade matters. Do you go with a Centralized Exchange (CEX) like Binance, or explore a Decentralized Exchange (DEX) like Uniswap or PancakeSwap?

๐Ÿ” CEX (Centralized Exchange)

โœ… User-friendly & fast

โœ… High liquidity & trading pairs

โœ… Fiat support & customer service

โš ๏ธ You trust a third party to hold your funds

๐ŸŒ DEX (Decentralized Exchange)

โœ… No middlemenโ€”your keys, your coins

โœ… Great for DeFi token access

โœ… Fully on-chain, global, and permissionless

โš ๏ธ Often slower, risk of scams, limited support

๐Ÿ’ก Pro Tip: Many traders use bothโ€”CEX for security & speed, DEX for flexibility & early access.

Which one do YOU prefer, and why? Letโ€™s hear it below! โฌ‡๏ธ

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