Centralized or Decentralized—where do you trade, and why?
Choosing between a CEX (Centralized Exchange) and a DEX (Decentralized Exchange) can shape your crypto experience. Here’s a quick guide to help you understand the pros and cons:
🔒 CEX (Binance, Coinbase, etc.):
✔️ High liquidity
✔️ Fast transactions
✔️ Fiat support
❌ Requires KYC
❌ Custodial – your keys, their wallet
🔓 DEX (Uniswap, PancakeSwap, etc.):
✔️ No KYC
✔️ Non-custodial – your keys, your crypto
✔️ Permissionless
❌ Lower liquidity (on some)
❌ Higher fees/gas (depending on the chain)
👉 CEX = Convenience
👉 DEX = Control
Both have their place—smart traders often use both, depending on goals and conditions.
Where do you stand in the #CEXvsDEX debate?
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