Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) offer different approaches to crypto trading, each with its own strengths. CEXs like Binance provide high liquidity, fast transactions, and user-friendly interfaces—ideal for beginners and active traders. They also offer features like spot, margin, and futures trading. However, they require users to trust the platform with their funds.
DEXs, on the other hand, allow peer-to-peer trading without intermediaries. Users maintain control of their private keys, enhancing security and privacy. While DEXs support true decentralization, they may have lower liquidity and slower execution. Choosing between CEX and DEX depends on your trading style and priorities.
