#CEXvsDEX101

#CEXvsDEX101
Let’s break it down 👇

🏛 CEX (Centralized Exchange)
– Run by a company (like Binance)
– Easier to use, higher liquidity
– Needs KYC (ID verification)
– You trust the platform to hold your assets

🌐 DEX (Decentralized Exchange)
– No middleman
– Full control over your wallet & funds
– No KYC
– Lower liquidity, but more privacy

Which one do you prefer — security or convenience? 🤔👇
#Crypto #Binance #Web3