#CEXvsDEX101
CEX vs DEX: Which One Do You Use?
Centralized exchanges (CEXs) like Binance offer fast transactions, deep liquidity, and user-friendly interfaces. They’re great for beginners and active traders, but require trust in a third party to hold your assets.
Decentralized exchanges (DEXs) like Uniswap or PancakeSwap let you trade directly from your wallet — no KYC, full custody. However, DEXs can have higher fees, slower trades, and lower liquidity.
Each has pros and cons. CEXs prioritize convenience, DEXs offer control. Many traders use both depending on their needs. The best platform? The one that fits your strategy.
