#CEXvsDEX101 What’s the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)? Let’s break it down:
🔹 CEX – Platforms like Binance or Coinbase. You create an account, deposit funds, and trade easily. They offer high liquidity, fast transactions, and customer support. But remember, the exchange holds your assets—“Not your keys, not your crypto.”
🔹 DEX – Platforms like Uniswap or PancakeSwap. You trade directly from your own wallet. No sign-up, no KYC. You keep full control of your funds. But it might be harder to use, with slower trades and limited support.
✅ CEX is user-friendly and good for beginners.
✅ DEX is trustless and ideal for privacy lovers.
Both serve different purposes. Many traders even use both depending on their goals.
So… which one do YOU trust more?
👇 Share your opinion below!
#CryptoEducation