🔄 #CEXvsDEX101 – Which exchange works best for you?
1. CEX: Centralized Exchange
Managed by a company (e.g., Binance, Coinbase)
Simple interface, high liquidity, customer support
✅ Ideal for beginners 👶
📌 They hold your funds (custody)
2. DEX: Decentralized Exchange
Operates via smart contracts (e.g., Uniswap, PancakeSwap)
You retain full control of your private keys
🔒 More secure, transparent, no KYC
❗ Less liquid, sometimes more technical to use
Beginner? Aim for CEX, simpler and more intuitive
Want to maintain full control of your vocal assets? Choose DEX
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In summary:
The choice (📌 personal preference) depends on your priorities:
CEX = comfort & speed
DEX = autonomy & security
Need help using a DEX or want to know more? Let me know below 👇
