#CEXvsDEX101 🚀 | Deep Dive into Trading Fundamentals 🚀

🔒 CEX (e.g.: Binance)

• Simple UX, high liquidity, 24/7 support, and fiat in/out.

• Custody is with the broker → KYC requirement and risk of hacks/regulators.

🌀 DEX (e.g.: Uniswap)

• Total self-custody, 24/7 swaps without KYC, rapid token listing.

• Network fees and liquidity vary; UX, slippage, and gas can scare beginners.

💡 How do I choose?

Platform security, pair liquidity, fees, compliance with my country, and reputation (audits or history of exploits).

🎯 Personal use

• CEX for large orders, fiat on/off-ramp, and futures.

• DEX for newly launched tokens, farming, and when I want to maintain self-custody.

👶 First time on DEX?

1️⃣ Start with a new wallet and a low amount.

2️⃣ Check the token contract — clones are common.

3️⃣ Adjust slippage and review gas fees before confirming.

4️⃣ Never share your seed; a hardware wallet is your best friend.

Save and tag a friend who still confuses CEX with DEX! 💬