#CEXvsDEX101
๐ CEX vs DEX 101
Centralized Exchanges (CEX) like Binance offer high liquidity, faster transactions, and user-friendly interfaces. Ideal for beginners, but you trust a third party to hold your funds. On the other hand, Decentralized Exchanges (DEX) like Uniswap or PancakeSwap give you full control of your assetsโno middlemen, but slower and sometimes costlier transactions. DEXs support DeFi, but require more knowledge and caution.
The real choice depends on your goals: convenience or control.
I use both strategically โ CEX for speed, DEX for privacy and access to early gems.
Whatโs your pick?
