#CEXvsDEX101 ⚔️ #CEXvsDEX101: Centralized vs Decentralized Exchanges
Both serve the same goal — trading crypto — but they go about it very differently. Let’s break it down:
🔹 CEX (Centralized Exchange)
✅ Easy to use
✅ High liquidity & faster trades
✅ Customer support
🔒 Requires KYC & you don’t hold your keys
🔹 DEX (Decentralized Exchange)
✅ You control your funds (no middleman)
✅ No KYC (most cases)
✅ Built on blockchain
⚠️ Can have lower liquidity & steeper learning curve
🧠 The Golden Rule?
CEX = Convenience
DEX = Control
💬 Do you prefer the speed of CEXs or the autonomy of DEXs?
Tell us in the comments 👇
#Binance #CryptoTrading #Crypto101 #defi #NotYourKeysNotYourCoins