#CEXvsDEX101
CEX vs. DEX 101: A Quick & Clear Breakdown 🧠
Centralized Exchanges (CEX) – Platforms like Binance and Coinbase offer a smooth user experience, high liquidity, fiat support, and responsive customer service—making them ideal for beginners.
However, users don’t control their private keys, and there's always a risk of hacks or account freezes.
Decentralized Exchanges (DEX) – Protocols like Uniswap allow you to self-custody your assets, trade directly from your wallet, maintain greater privacy, and access a wider range of emerging tokens.
On the flip side, DEXs can have lower liquidity, slower transaction times, higher fees, and a steeper learning curve.
Bottom line: There's no one-size-fits-all solution. Many experienced traders use both—leveraging CEXs for speed and convenience, and DEXs for privacy and access to niche assets.
