CEX vs. DEX: Quick Guide ๐Ÿ›๏ธ vs. ๐ŸŒ

CEX (Centralized Exchange):

Operated by a company (e.g., Binance), users deposit funds into the platform.

โœ… High liquidity & speed

โœ… User-friendly with support

โœ… Easy fiat-to-crypto

๐Ÿ” Exchange holds your assets

DEX (Decentralized Exchange):

Peer-to-peer trading via smart contracts, no central authority.

โœ… Self-custody โ€” you control your keys

โœ… No KYC, global access

โœ… Broad token variety

๐Ÿ” You hold your assets

Main Difference: Custody โ€” CEX holds your funds; DEX lets you hold your own.

Pick CEX if: You want ease, support, and fiat onramps.

Pick DEX if: You value privacy, control, and decentralization.

Both are essential in crypto.

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