Choosing between a CEX (Centralized Exchange) and a DEX (Decentralized Exchange) depends on your priorities. CEXs like Binance or Coinbase offer user-friendly interfaces, high liquidity, and faster transactions. However, they require you to trust the platform with your funds and personal data. DEXs, such as Uniswap or PancakeSwap, let you trade directly from your wallet with no sign-up needed—giving you full control of your assets. But they often have lower liquidity, slower speeds, and require more technical knowledge. In short: CEXs are convenient, DEXs are private. Know the trade-offs so you can choose what suits your crypto strategy.
