#CEXvsDEX101

🔁 #CEXvsDEX101

Ever wondered what the difference is between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX)? Let’s break it down 👇

💼 CEX (Centralized Exchange):

✅ User-friendly & fast

✅ Higher liquidity

✅ Customer support

❌ You trust a third party to hold your assets

Examples: Binance, Coinbase, Kraken

🔓 DEX (Decentralized Exchange):

✅ You control your keys = you control your funds

✅ Permissionless & anonymous

✅ Typically lower fees

❌ Less beginner-friendly & may have lower liquidity

Examples: Uniswap, PancakeSwap, dYdX

💡 TL;DR:

CEX = Convenience

DEX = Control

Pick your fighter ⚔️

Are you Team CEX or Team DEX? Let me know in the comments 👇

#Crypto #Blockchain #DeFi #TradingEducation #CryptoExchange #Web3 #Bitcoin #Ethereum