##Ordertype101
❗️Are you still not clear on the difference between CEX and DEX? Then listen carefully!
Centralized exchanges (CEX), such as Binance or OKX, offer simplicity, liquidity, and convenience for beginners. But in doing so, you trust your funds to a third party and do not always have full control.
Decentralized exchanges (DEX), for example Uniswap or PancakeSwap, operate without intermediaries. You are the only one who controls your keys. This gives you freedom, but requires understanding how wallets and smart contracts work.
What to choose? It all depends on your goals and level of experience. But by 2025, a savvy trader studies both types of platforms!
#CEXvsDEX101