#CEXvsDEX101 #CEXvsDEX101 Which is better for you?
When it comes to trading cryptocurrencies, there are two main paths: CEX (Centralized Exchange) and DEX (Decentralized Exchange). Each has its advantages and disadvantages, and choosing the right one depends on what you are looking for.
✅ CEX (Centralized Exchange)
🔹 Examples: Binance, Coinbase
🔹 Advantages:
• User-friendly interface and customer support
• High liquidity = faster trades
• Access to advanced features (Earn, Futures, Launchpad)
🔻 Disadvantages:
• Your funds are held in custody by the exchange
• Requires KYC verification
• There may be regulatory restrictions depending on your country.
✅ DEX (Decentralized Exchange)
🔹 Examples: Uniswap, PancakeSwap
🔹 Advantages:
• Total custody of your crypto (you have control)
• No KYC needed
• Greater anonymity and resistance to censorship
🔻 Disadvantages:
• Less intuitive interface
• Lower liquidity in some pairs
• Risk of using poorly audited contracts
💡 Conclusion:
If you are a beginner or looking for convenience, a CEX like Binance is ideal.
If you prefer total control and are not afraid of self-management, explore DEXs.
🔁 Some traders even use both depending on their goal!
Which one do you use and why? 👇
Share your experience and help more people understand this world.
