#CEXvsDEX101 Crypto, many people are confused between centralized trading platforms (CEX) such as Binance, and decentralized platforms (DEX) like Uniswap or PancakeSwap. What is the difference, and which is better for you? 🤔

🏦 CEX = Centralized platforms. Easy to use, offer high liquidity, technical support, and the possibility to use advanced orders (Limit, Stop-Loss). However, they require identity verification (KYC) and custody of assets in the platform's wallets.

🌐 DEX = Decentralized platforms. No need