#CEXvsDEX101 CEX vs DEX – What’s the Difference? 🤔

If you're new to crypto, you’ve probably seen the terms CEX and DEX — but what do they really mean?

🔹 CEX (Centralized Exchange)

Examples: Binance, Coinbase, Kraken

Run by a company

User-friendly and fast

Supports fiat deposits/withdrawals

Requires KYC (ID verification)

Your funds are held by the exchange

🔹 DEX (Decentralized Exchange)

Examples: Uniswap, PancakeSwap, dYdX

No central authority

You trade directly from your wallet

No KYC, more privacy

Fully on-chain and open-source

You control your own funds 🔐

✅ CEX = Convenience

✅ DEX = Control

Tip: Many experienced users use both — depending on the goal.

Know the difference. Trade smart. Stay secure.