#CEXvsDEX101 Sure! Here's a post you can use with the hashtag #CEXvsDEX101:
đŚ CEX vs DEX â Whatâs the Difference?
Letâs break it down đ
đš CEX (Centralized Exchange):
âď¸ Easy to use
âď¸ High liquidity
âď¸ Faster trades
âď¸You trust a third party to hold your funds (e.g., Binance, Coinbase)
đš DEX (Decentralized Exchange):
âď¸ Full control of your assets
âď¸ More privacy
âď¸ Permissionless access
âď¸Lower liquidity, may be slower (e.g., Uniswap, PancakeSwap)
đ¨ 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¤