#CEXvsDEX101

🔄 CEX vs DEX 101: What’s the Difference? 🤔💡

If you're diving into crypto, understanding the difference between CEX (Centralized Exchange) and DEX (Decentralized Exchange) is key.

🔹 CEX (Centralized Exchange): Think Binance, Coinbase. These platforms are managed by companies. They offer user-friendly interfaces, high liquidity, and customer support—but require you to trust a third party with your funds and personal info.

🔸 DEX (Decentralized Exchange): Think Uniswap, PancakeSwap. No central authority here—you're in control. Great for privacy and security, but often less beginner-friendly and sometimes lower liquidity.

💬 In short:

CEX = convenience,

DEX = control.

Which one do you prefer? Let’s discuss! 🔽