#CEXvsDEX101 Centralized vs. Decentralized Exchanges—what’s the real difference? 🤔 CEXs (like Binance, Coinbase) are user-friendly, fast, and liquid, but you trust a third party with your funds. DEXs (like Uniswap, PancakeSwap) give you full control—no middlemen—but come with slower speeds and higher learning curves. Security? CEXs can get hacked; DEXs depend on smart contracts. Which one’s better? It depends on your priorities: convenience vs. control, speed vs. privacy. A smart trader knows when to use both. Balance is key.
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