#CEXvsDEX101

🔁 The difference between CEX and DEX in the world of cryptocurrencies! 💰

If you trade in cryptocurrencies, you have likely heard about CEX and DEX platforms. But what is the real difference between them? 🤔

🏦 CEX - Centralized Platforms:

These are like Binance and Coinbase, providing an easy and fast experience, characterized by high liquidity. However… you do not control your private keys, which means your funds are under the control of the platform, and there is a risk in case of a hack or account closure.

🔓 DEX - Decentralized Platforms:

Like Uniswap and PancakeSwap, they allow you to trade directly from your wallet without an intermediary. Security and privacy are higher, but liquidity may be lower, and trade execution is slower.

🎯 CEX = Convenience and Ease

🎯 DEX = Freedom and Full Control

⚖️ Which is better? It depends on your goal: do you prefer convenience or full control over your funds?

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