#CEXvsDEX101
⚔️ CEX vs DEX — where are you?
Decentralized or centralized?
Everyone chooses their own, but the difference is important:
🏛 CEX (Centralized Exchange)
✔️ High liquidity
✔️ Convenient interface
✔️ Support, fiat, education
❗️ KYC required, storage on the exchange
🌐 DEX (Decentralized Exchange)
✔️ Self-control of funds
✔️ Trading without intermediaries
✔️ More privacy
❗️ More complex interface, smart contract risks
At Binance, we respect everyone's choice — whether you are for control or for comfort.
Where do you trade?