#CEXvsDEX101

Curious about crypto trading? Let's break it down! A Centralized Exchange (CEX) like Binance offers user-friendly platforms, high liquidity, and fiat on-ramps but holds your funds, requiring trust and KYC.

A Decentralized Exchange (DEX) like Uniswap lets you trade directly from your wallet, ensuring privacy and control via blockchain smart contracts. However, DEXs may have lower liquidity and higher gas fees. CEX is great for beginners; DEX suits those prioritizing decentralization. Choose based on your needs—security, ease, or anonymity. Dive into crypto with confidence, stay peeled , comment share and follow

$SOL