#CEXvsDEX101
๐ CEX vs DEX: Crypto Trading 101 ๐
๐ผ Centralized Exchange (CEX)
Run by a company (e.g., Binance, Coinbase)
Requires ID/KYC
Faster trades, customer support
You donโt hold your private keys ("Not your keys, not your crypto")
๐ Decentralized Exchange (DEX)
Peer-to-peer (e.g., Uniswap, SushiSwap)
No sign-up, just connect your wallet
More privacy & control
You keep your own keys and assets
๐ง CEX = Convenience
๐ DEX = Control
Which do you prefer?