š #CEXvsDEX101 : Where Should You Trade? š
Crypto traders often face a choice: Centralized Exchanges (CEX) vs. Decentralized Exchanges (DEX). CEX platforms like Binance and Coinbase offer user-friendly interfaces, high liquidity, and customer support, making them perfect for beginners. But they also hold your keys, meaning you donāt fully own your assets.
On the flip side, DEXs like Uniswap or PancakeSwap give you complete control over your funds, with no intermediaries. š However, they come with lower liquidity, higher fees for smaller trades, and sometimes a steep learning curve. Both have their perks and risks ā so whatās your pick? Drop it below! šš
