#CEXvsDEX101 #CEXvsDEX101 Understanding the difference between CEX and DEX: a strategic choice for every trader!
In the world of cryptocurrencies, it is crucial to understand the differences between a CEX (centralized exchange) like Binance and a DEX (decentralized exchange).
👉 CEXs offer speed, ease of use, enhanced security, and responsive customer support.
👉 DEXs, on the other hand, guarantee better control of your funds and increased privacy.
The choice depends on your priorities: centralization for convenience or decentralization for sovereignty?
Make the right choice according to your strategy!