When I started my crypto journey, I thought all exchanges were the same. I was SO wrong 😅
I learned the hard way that there’s a big difference between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges).
👉 CEX (like Binance or Coinbase) are easy to use and beginner-friendly. But… they hold your keys. That means if they shut down or freeze your funds, there’s not much you can do.
👉 DEX (like Uniswap or PancakeSwap) give you full control. You keep your own keys. But they can be harder to use and sometimes riskier with random tokens or scams.
So which one do I use now? Both.
CEX when I need speed and comfort. DEX when I want full control or explore small tokens.
Still figuring it out, but I’m learning every day.
And if I can learn this… you totally can too 🫶
