#CEXvsDEX101
Confused between a CEX and a DEX? Here's a quick breakdown:
🔹 CEX (Centralized Exchange)
– Run by a company (like Binance or Coinbase)
– Easier for beginners
– Faster trades
– You don’t control your private keys
🔹 DEX (Decentralized Exchange)
– No central authority (like Uniswap or PancakeSwap)
– You stay in control of your crypto
– More private
– Can be slower or complex for newbies
💡Tip: Use CEX for ease and speed. Choose DEX for privacy and full control.
#Crypto101 #CEXvsDEX #CryptoMadeSimple #CryptoEducation #DeFi #DecentralizedFinance #LearnCrypto #Web3Beginners
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