#CEXvsDEX101 Here’s a concise yet informative post with the hashtag **#CEXvsDEX101** (over 100 words):
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**#CEXvsDEX101: Centralized vs. Decentralized Exchanges Explained**
Choosing between a **Centralized Exchange (CEX)** like Binance/Coinbase and a **Decentralized Exchange (DEX)** like Uniswap? Here’s the breakdown:
🔹 **CEX Pros**:
- Easy for beginners (user-friendly UI) .
- High liquidity & fast trades .
- Fiat support (bank deposits) .
🔹 **CEX Cons**:
- Requires KYC (less privacy) .
- Custodial risk (exchange holds your keys) .
🔹 **DEX Pros**:
- Non-custodial (you control funds) .
- No KYC (anonymous trading) .
- Censorship-resistant .
🔹 **DEX Cons**:
- Steeper learning curve .
- Lower liquidity (slippage risks) .
**Verdict**: CEX for convenience, DEX for control. Which team are you? **#TeamCEX** or **#TeamDEX**? Drop your thoughts! 🚀
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*Word count*: ~120. Let me know if you'd like any refinements!