#CEXvsDEX101
Think of it like this: Binance is the superstar of centralized crypto exchanges (CEXs), kind of like the big bank in the crypto world. When it wins in court or makes headlines, it’s like your favorite cricket team scoring a huge victory—suddenly, everyone’s talking about how safe and easy CEXs are, and more people want to join.
But there’s always that other crowd cheering for DEXs, the “do-it-yourself” folks who want full control and privacy, like playing street cricket with your own rules. So, every time Binance makes waves, it sparks the classic debate: do you trust the big, shiny exchange, or do you want to keep your crypto in your own hands?
Where do you feel safer—on the big exchange or in your own wallet? 🏏💸
