In the world of crypto, there are two main types of platforms: centralized platforms (CEX) and decentralized platforms (DEX).

Centralized platforms like Binance and Coinbase rely on an intermediary to facilitate trading, making them faster and easier to use, but they require trust in a third party.

On the other hand, decentralized platforms like Uniswap and PancakeSwap allow the user to trade directly through smart contracts, giving greater privacy and control over assets, but they are often slower and less beginner-friendly.

The choice between them depends on your priority: do you prefer convenience or full sovereignty over your money?

\#CEXvsDEX101