#CEXvsDEX101 ๐
๐ผ CEX (Centralized Exchange)
๐ Easy to use
๐ High liquidity
๐ Needs KYC
โ ๏ธ You don't own your keys
๐ DEX (Decentralized Exchange)
๐ Full control of your crypto
๐ No sign-up or KYC
โ ๏ธ Can be slow & tricky for newbies
โ Use CEX for convenience
โ Use DEX for control & privacy
๐ Pro tip: Smart users use both!