#CEXvsDEX101

Centralized vs Decentralized Exchanges — what's the difference, and which one suits you best? 🤔

CEX (Centralized Exchanges) like Binance offer high liquidity, user-friendly interfaces, and customer support. They’re great for beginners and fast transactions, but you entrust your assets to a third party.

DEX (Decentralized Exchanges) like Uniswap give you full control of your funds and are often more private. But they can have lower liquidity, higher slippage, and limited trading pairs.

Each has its strengths. CEXs are ideal for ease and speed; DEXs for privacy and autonomy. Know your goals, then choose wisely.