#CEXvsDEX101

📊 CEX vs DEX 101 – What’s the Difference? | Powered by Binance 🔥

👥 CEX – Centralized Exchange

✅ User-friendly interface

✅ Faster transactions

✅ High liquidity

✅ Customer support available

🔒 Your funds are held by the exchange

🔁 Examples: Binance, Coinbase, Kraken

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🌀 DEX – Decentralized Exchange

🔓 You control your own funds

🔁 Peer-to-peer trading

🌐 No KYC in most cases

⚠️ Can be harder to use for beginners

📉 Sometimes lower liquidity

🔁 Examples: Uniswap, PancakeSwap, dYdX

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🧠 Which One is Better?

➡️ CEX is great for beginners and quick trades

➡️ DEX is perfect for privacy, control, and DeFi lovers

💡 Pro Tip from Binance:

Choose what fits your needs — and always DYOR (Do Your Own Research)!

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