Digital currencies, the most important question remains: do you choose to trade on centralized (CEX) or decentralized (DEX) platforms?

Each type of platform has its advantages and challenges, and your choice can make a big difference in your investment experience.

✅ Centralized platforms (CEX): convenience and liquidity

Examples: Binance, Coinbase

Pros:

User-friendly interfaces for beginners

High execution speed

Direct technical support

High liquidity and a variety of currencies

Cons:

Need for identity verification (KYC)

Reliance on a third party to hold funds

Vulnerable to hacks if security is not strong

🔓 Decentralized platforms (DEX): freedom and control

Examples: Uniswap, PancakeSwap

Pros:

Full control over your wallet and assets

High privacy and no need for KYC

Direct trading on the blockchain

Cons:

Can be difficult for beginners

High gas fees sometimes

Less liquidity for some currencies

🧠 When to use each one?

Use CEX when you need speed of execution, or if you are a beginner and need an easy experience.

Use DEX if you are looking for privacy, complete control over your funds, or want to access new projects in their early stages.

🎯 Summary

The choice between CEX and DEX is not just a preference, but a strategy based on your goals in the market. Consider your level of expertise, the size of your trades, and the level of risk you are willing to accept.

💬 Share your opinion with me: which type do you prefer and why?