#CEXvsDEX101
🏦 Today I learned the difference between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges).
🔹 CEXs like Binance offer better UI, fast execution, and strong security 🔐. For example, I easily traded BNB/USDT with low fees and high liquidity.
🔸 On the other hand, DEXs like Uniswap give more privacy and control over your funds 💼, but often come with higher fees and slow transaction speed.
🤔 As a beginner, I prefer using CEXs like Binance for now. But I understand both have pros and cons.
Learning never stops in crypto! 🚀