#CEXvsDEX101 🔐
Still confused about choosing between CEX & DEX? Let's understand the differences!
🏛️ CEX (Centralized Exchange)
✔️ Easy & fast
✔️ High liquidity
❌ Requires KYC
❌ Assets held by a third party
🌐 DEX (Decentralized Exchange)
✔️ Non-KYC
✔️ Assets remain in your wallet
❌ Can be less liquid
❌ High fees on congested networks
Choose according to your needs & trading style! 🔄
