$BTC Centralized vs Decentralized Exchanges 🔥 CEX vs DEX: Where Should You Put Your Money?

Centralized Exchanges (CEX) — Like a bank, but wilder!

Platforms like Binance and OKX, deposit funds instantly, smooth trading, perfect for beginners! But be careful — your money is actually in the exchange's pocket, and when hackers strike (the Mentougou incident lost 15 billion) or the boss runs away (FTX crash alert ⚠️), you won't have time to cry!

Decentralized Exchanges (DEX) — Your Money, Your Control!

Uniswap and PancakeSwap trade automatically using smart contracts, your private keys in hand, assets are never 'custodied'. But the price is: as slow as a snail (during Ethereum congestion), high transaction fees that make you cry, and beginners might even lose their wallets.

Guide to Getting Rich:

- Large amounts of coin holding? Choose CEX, but withdraw to a cold wallet!

- Playing with meme coins? DEX is anonymous and safe, but beware of contract vulnerabilities.

- New trend for 2025: Rise of Hybrid CEX + DEX!