#CEXvsDEX101 🏛️🔄💻
Centralized Exchanges (CEXs) like Binance offer speed, liquidity, and user-friendly interfaces—but require trusting a third party with your funds. Decentralized Exchanges (DEXs) like Uniswap give you full control of your assets and enable peer-to-peer trading, but can be slower and less intuitive for beginners. CEXs suit active traders; DEXs empower the self-sovereign.
Know your goals.
Know your risks.
Choose wisely.
#Crypto #DeFi #Web3 #CEX #DEX #BlockchainBasics