🔁 #CEXvsDEX101 – What’s the Difference?
When it comes to trading crypto, your choice of exchange matters — here’s a quick breakdown:
🏦 CEX (Centralized Exchange)
✅ User-friendly, fast, high liquidity
❌ Requires KYC, you're trusting a third party
Examples: Binance, Coinbase, Kraken
🕸 DEX (Decentralized Exchange)
✅ No middleman, full wallet control, permissionless
❌ Slower trades, lower liquidity, less support
Examples: Uniswap, PancakeSwap, dYdX
🎯 TL;DR:
CEX = convenience and support
DEX = freedom and control
Which do you prefer & why? 👇
