#CEXvsDEX101 🤔

New to crypto trading? One of the first things to understand is the difference between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges).

🔹 CEX platforms like Binance offer user-friendly interfaces, high liquidity, and advanced trading tools. They handle custody of your assets, which makes them ideal for beginners but requires trust in the platform.

🔹 DEX platforms like Uniswap or PancakeSwap let users trade directly from their wallets — no intermediaries. You control your funds, but you’re responsible for your own security and gas fees can be high.

💡 Both have pros and cons. Use a CEX for convenience and a DEX for more privacy and control. Choose based on your goals, experience, and security preferences!