🏛️ #CEXvsDEX101 : Centralized vs Decentralized Exchanges — what’s the difference? Let’s break it down!

🔹 CEX (Centralized Exchange) – Platforms like #Binance.

✅ User-friendly

✅ High liquidity

✅ Fast transactions

⚠️ Custodial (you don’t hold your private keys)

🔹 DEX (Decentralized Exchange) – Peer-to-peer trading (e.g., Uniswap).

✅ Non-custodial (you control your keys)

✅ Greater privacy

⚠️ Lower liquidity, slower execution, more complex

Choose based on your needs: speed, control, or both. Know the trade-offs and trade smart! 🔐🔄

#CryptoTrading #BinanceEducation #TradeSmart #CryptoBasics

$SOL $STX $QTUM