$BTC Post for #CEXvsDEX101:

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) offer two different trading experiences. CEX platforms like Binance offer high liquidity, fast transactions, and customer support, making them user-friendly for beginners. However, users don’t fully control their assets since the exchange holds the private keys. On the other hand, DEX platforms like Uniswap let users trade directly from their wallets, offering full custody of their funds. While DEXs offer more privacy and security, they often have lower liquidity and may be less intuitive for new users. Understanding both is important for choosing the best way to trade based on your needs.

#CEXvsDEX101