#CEXvsDEX101
💥 CEX vs DEX: who to choose to not give everything away for free?
CEX - centralized exchanges
🎩 Binance, OKX, Bybit
✔️ Convenient, fast, liquid
❌ You do not own the coins.
⛓️ "Not your keys - not your money"
DEX - decentralized exchanges
🦄 Uniswap, PancakeSwap
✔️ Anonymity, your keys, your coins
❌ If you lose it - no one will help. Forgot your phrase - goodbye forever.
⸻
What to choose?
👉 Want to just buy and not worry - CEX
👉 Want to keep control and take risks - DEX
💡 But remember:
On CEX you are a guest. On DEX - you are the owner, but also the guard and the cleaner.
