#CEXvsDEX101: Understanding the Difference
Centralized Exchanges (CEXs) like Binance offer fast transactions, high liquidity, and user-friendly interfaces — perfect for beginners and pros alike. They act as intermediaries, holding your assets and executing trades on your behalf.
Decentralized Exchanges (DEXs) like Uniswap or PancakeSwap run on smart contracts, allowing peer-to-peer trading without a middleman. You control your private keys, but trades may be slower and less liquid.
CEX = convenience and speed.
DEX = control and decentralization.
💡 Choose based on your goals: security, speed, or autonomy.
#CryptoBasics #BinanceSquare #Trading101 #CryptoEducation
