#CEXvsDEX101 Sure! Here's a post you can use with the hashtag #CEXvsDEX101:
đŠ CEX vs DEX â Whatâs the Difference?
Letâs break it down đ
đč CEX (Centralized Exchange):
âïž Easy to use
âïž High liquidity
âïž Faster trades
âïžYou trust a third party to hold your funds (e.g., Binance, Coinbase)
đč DEX (Decentralized Exchange):
âïž Full control of your assets
âïž More privacy
âïž Permissionless access
âïžLower liquidity, may be slower (e.g., Uniswap, PancakeSwap)
đš Not your keys, not your crypto â a DEX motto!
But both have pros & cons depending on your needs.
Where do you trade more? đ€