UNI prices raises in future
today it's worth is about 8.2$
#CEXvsDEX101 **Centralized Exchanges (CEXs)** and **Decentralized Exchanges (DEXs)** are two primary platforms for trading cryptocurrencies.
**CEXs**, such as Binance or Coinbase, act as intermediaries. They manage users' funds, offer customer support, and provide fast trades with high liquidity. Users must trust the platform, submit personal information (KYC), and accept centralized control.
**DEXs**, like Uniswap or PancakeSwap, operate without intermediaries, using smart contracts on blockchains. They allow peer-to-peer trading and preserve user privacy and control over funds. However, they often have lower liquidity, slower trade speeds, and can be less user-friendly.
**CEXs**, such as Binance or Coinbase, act as intermediaries. They manage users' funds, offer customer support, and provide fast trades with high liquidity. Users must trust the platform, submit personal information (KYC), and accept centralized control.
**DEXs**, like Uniswap or PancakeSwap, operate without intermediaries, using smart contracts on blockchains. They allow peer-to-peer trading and preserve user privacy and control over funds. However, they often have lower liquidity, slower trade speeds, and can be less user-friendly.
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UNI
7.162
-0.65%