#CEXvsDEX101
🔄 CEX vs DEX: What should a trader choose?
Understanding the difference between centralized (CEX) and decentralized (DEX) exchanges is the foundation of smart trading.
✅ CEX (Centralized Exchange):
– Convenience and high liquidity
– Support for fiat currencies
– KYC and control
– Example: Binance, OKX, Bybit
🌀 DEX (Decentralized Exchange):
– Trading without intermediaries
– Storing assets in your own wallet
– Anonymity
– Example: Uniswap, PancakeSwap, dYdX
💡 Want control — go to DEX. Need speed and convenience — choose CEX.
Better yet — use the advantages of both!
