#CEXvsDEX101 CEX vs DEX: What's the difference?
Centralized Exchanges (CEX) like Binance offer user-friendly interfaces, high liquidity, and robust security measures. However, they require trust in a central authority and may have limitations on assets and services.
Decentralized Exchanges (DEX), on the other hand, operate on blockchain technology, allowing for peer-to-peer transactions without intermediaries. They promote decentralization, transparency, and greater control over assets.
Which one do you prefer? Share your thoughts!
