#CEXvsDEX101 💼 #CEXvsDEX101: What’s the Difference?
Whether you’re new to crypto or refining your strategy, understanding the two main types of exchanges is essential:
🔹 CEX (Centralized Exchange)
✅ User-friendly
✅ High liquidity
✅ Customer support
⚠️ Requires KYC
⚠️ You don’t control your keys
🔸 DEX (Decentralized Exchange)
✅ No intermediaries
✅ You hold your own keys
✅ Often lower fees
⚠️ Can be less liquid
⚠️ Not beginner-friendly
💡 CEX = Convenience. DEX = Control.
Choose what fits your risk profile and goals. Are you Team CEX or Team DEX?
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