#CEXvsDEX101 Choosing between a Centralized Exchange (CEX) and Decentralized Exchange (DEX)? Here's the breakdown:
🏦 CEX (like Binance, Coinbase):
User-friendly & fast
High liquidity
Requires KYC (identity checks)
You don’t fully control your funds
🌐 DEX (like Uniswap, PancakeSwap):
No KYC—more privacy
You hold your own keys 🔐
Slower, sometimes lower liquidity
Higher learning curve
👉 CEX = convenience & speed
👉 DEX = control & privacy
Pick what suits your trading style!
