#CEXvsDEX101

Are you new to the crypto world? Let’s clarify the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX):

🔐 CEX (Centralized Exchange):

For example: Binance, Coinbase

✅ Easy to use

✅ Provides customer support

❌ Controls your funds (you do not own the private keys)

🔓 DEX (Decentralized Exchange):

For example: Uniswap, PancakeSwap

✅ You control your funds

✅ No documentation required (no KYC)

❌ Less user-friendly for beginners

❌ No direct support

🚨 Golden Rule:

"Not your keys, not your crypto."

(If you do not own the keys, you do not truly own the currency)