In the world of digital trading, two main platforms stand out: centralized platforms (CEX) like Binance and Coinbase, and decentralized platforms (DEX) like Uniswap and PancakeSwap. The fundamental difference between them lies in control, security, and privacy.
✅ Centralized Platforms (CEX):
- Easy to use for beginners.
- Support fiat/cryptocurrency transfers.
- Subject to regulations that may provide some protection.
- But they require trust in a third party (depositing funds on the platform).
🛡️ Decentralized Platforms (DEX):
- You do not control your funds (you are solely responsible for your wallet).
- Direct trading between users without intermediaries.
- Highest level of privacy.
- But they can be complex for beginners and lack support for traditional currencies.
Which one will you choose?
- If you prefer ease and high liquidity, CEX is your choice.
- If you care about security and decentralization, DEX is more suitable.
💡 Tip: Study both options and choose what fits your goals.
