#CEXvsDEX101 CEX like Binance, Kraken or Coinbase offer high liquidity, fast trades, and easy interfaces—perfect for beginners. But they require trusting a third party —meaning if they’re hacked or go down, your assets could be at risk. You don’t fully control your assets—your funds are held by the platform.🛡️
🟩DEXs like Uniswap or PancakeSwap give you full control of your funds and more privacy, though they may have lower liquidity, slower trades, and require more technical know-how. 🧠⚖️. You stay in full control—but if you lose your private key or seed phrase, there’s no recovery. Your funds are gone forever. ❌🔑
Conclusion:
