#CEXvsDEX101

Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) both offer crypto trading, but work differently. CEXs like Binance or Coinbase are user-friendly, fast, and offer customer support—but require trusting a third party with your funds. DEXs like Uniswap or PancakeSwap give you full control of your assets, enhance privacy, and reduce risk of censorship, but can have lower liquidity and may be complex for beginners.

Choosing between them depends on your priorities: convenience vs. control. Always do your research before trading.

#Crypto101 #DeFi #Blockchain #Web3 #CryptoTrading #LearnCrypto