#CEXvsDEX101

What’s the Difference?

New to crypto trading and not sure whether to use a CEX (Centralized Exchange) or DEX (Decentralized Exchange)? Here's a quick guide:

💡 CEX (like Binance):

✅ Easy to use

✅ High liquidity

✅ Customer support

⚠️ You don’t fully control your funds (the exchange holds your crypto)

💡 DEX (like Uniswap):

✅ Full control over your funds

✅ No sign-up needed

✅ Good for privacy

⚠️ Can be confusing for beginners

⚠️ Less support if something goes wrong

🎯 My take:

I prefer CEXs for quick trades and when I need high liquidity. But I turn to DEXs when I want to swap rare tokens or stay fully in control of my wallet.

📌 Pro tip for first-time DEX users:

Always double-check the token contract address, and try with a small amount first! Mistakes on DEXs can’t be reversed.

Which one do you prefer – CEX or DEX? Let’s talk! 👇