#CEXvsDEX101
🔄 #CEXvsDEX101 – Which One Fits You Best? 🔄
Centralized Exchanges (CEX) like Binance offer high liquidity, fast transactions, and user-friendly interfaces—perfect for beginners. But they require trusting a third party with your assets. 🏦
Decentralized Exchanges (DEX) give you full control of your funds, with no intermediaries—but come with slower speeds and fewer trading pairs. 🔐
Choose a CEX for convenience and speed. Go with a DEX if self-custody and privacy are top priorities. Or, use both strategically! 💡
The future of crypto may be hybrid—so understanding the difference is key.