#CEXvsDEX101
#CEXvsDEX101 🔄💡
When it comes to trading crypto, users often choose between Centralized Exchanges (CEX) 🏦 and Decentralized Exchanges (DEX) 🌐.
CEX platforms like Binance or Coinbase offer ⚡ speed, 💧 high liquidity, and 👨💻 user-friendly interfaces. However, they require you to trust a third party 🤝 with your funds.
On the other hand, DEX platforms like Uniswap or PancakeSwap let you trade directly from your wallet 🔐, giving more privacy 🕶️ and control 🛠️. But they may have lower liquidity 🪙 and can be tricky for beginners 🚧.
Choose wisely — convenience or decentralization? 🤔⚖️
