#CEXvsDEX101

#CEXvsDEX101 is a hashtag used on social media, especially in the field of cryptocurrencies, to explain the difference between two types of trading platforms:

✅ CEX (Centralized Exchange) – Centralized platforms:

Such as: Binance, Coinbase, Kraken

Managed by a company or central entity.

Requires account registration and identity verification.

Provides high liquidity and an easy-to-use interface.

But you do not own the private keys to your wallet (Not your keys, not your coins).

✅ DEX (Decentralized Exchange) – Decentralized platforms:

Such as: Uniswap, PancakeSwap, dYdX

Operates on smart contracts without central control.

Does not require registration or verification.

Gives you full control over your funds.

But may have lower liquidity and be more complex for beginners.

In summary:

The hashtag #CEXvsDEX101 is used to educate people about the basics of the difference between centralized and decentralized trading, and to help investors choose the most suitable one based on their goals and level of experience.