đ CEX vs DEX 101 đ
Confused between Centralized (CEX) and Decentralized (DEX) Exchanges? Letâs break it down đ
đ CEX (Centralized Exchange)
â Easy to use
â High liquidity
â Customer support
â ïž You trust a company with your funds
đ» DEX (Decentralized Exchange)
â Full control of your crypto
â No KYC (mostly)
â Transparent and open-source
â ïž Higher learning curve
â ïž Sometimes lower liquidity
đĄ Quick Tip:
New to crypto? Start with a CEX (like Binance)
Want more privacy & control? Explore DEXs like Uniswap or PancakeSwap
đŁïž Which one do YOU prefer? Comment below! đ