#note
I hear more and more often: “CEX or DEX – which is better?”, and it seems it's time to break it all down.
Welcome to the mini-guide: #CEXvsDEX101
CEX (centralized exchanges) – these are guys like Binance, OKX, Bybit. Everything is simple here: a user-friendly interface, high liquidity, fiat support. But for this, you pay with privacy and risk being without access to your assets during freezes or failures.
DEX (decentralized exchanges) – Uniswap, PancakeSwap, dYdX, and similar ones. You are the sole owner of your keys, without intermediaries. Sounds cool? Yes. But let's not forget about the more complex UX, high volatility, and risks of scam projects.
So what to choose?
👉 If you are a beginner and speed and simplicity are important to you – CEX.
👉 If you value privacy, autonomy and are ready to figure things out – DEX.
Or better – be able to use both, to be flexible and free in any situation.
