#CEXvsDEX101 🏛️🔁 Centralized vs. Decentralized – #CEXvsDEX101 🌐

Choosing between a CEX (Centralized Exchange) and a DEX (Decentralized Exchange) depends on your goals and risk appetite. CEXes like Binance or Coinbase offer user-friendly interfaces, high liquidity, and customer support. DEXes like Uniswap or dYdX let you trade directly from your wallet, offering full custody and privacy, but can come with higher gas fees, slower speeds, and more complexity.

Each has pros and cons — smart traders often use both strategically. Just know the risks and rewards before jumping in.

Which one do you prefer for your trades? Drop your thoughts 👇

#CEXvsDEX101 #CryptoTrading #SelfCustody #DeFi #Web3Essentials