#CEXvsDEX101

When discussing trading in the world of digital currencies, we find ourselves faced with two main options: centralized platforms (CEX) and decentralized platforms (DEX). Centralized platforms like Binance offer user-friendly interfaces and advanced support services, but require identity verification. On the other hand, decentralized platforms like Uniswap do not require verification and provide higher privacy, but may be challenging for beginners. Personally, I use CEX for convenience and speed, and occasionally turn to DEX to take advantage of some new coins or small projects. Each type has its place depending on the need.