#CEXvsDEX101 When deciding between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX), it is vital to understand what each offers.

✅ Advantages of a CEX:

High liquidity and market depth.

24/7 customer support and advanced tools like Spot, Futures, and Earn.

Robust security, with audits, SAFU funds, and multi-factor authentication.

Ideal for beginners and professionals due to its intuitive interface.

🔄 Advantages of a DEX:

Greater privacy (no KYC).

Total control of your funds.

Ideal for accessing emerging tokens in early stages.

💡 Which one to use and when?

Use CEX when I want to trade quickly with high volume or leverage. Use DEX if I want to access new tokens or maintain full control of my keys.

📌 Advice if you are going to use a DEX for the first time:

Always start with small amounts, use secure wallets like MetaMask, and verify the token's contract address. Don’t trust any link!

👉 In summary, choose according to your strategy, experience, and risk tolerance. And if you are looking for efficiency, security, and access to all kinds of tools, Binance is the undisputed leader.