#CEXvsDEX101#CEXvsDEX10 : Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) are two key platforms for crypto trading. CEXs, like Binance or Coinbase, are managed by companies, offering user-friendly interfaces, high liquidity, and fast transactions—but they hold your private keys. DEXs, like Uniswap or PancakeSwap, are blockchain-based, allowing peer-to-peer trading without intermediaries. You control your keys and assets, enhancing security and privacy. However, DEXs may have lower liquidity and can be harder for beginners. Choose a CEX for ease and speed; opt for a DEX if you value decentralization and self-custody. Understanding the strengths and risks of each helps you trade smarter in the crypto space. #CryptoBasics#Blockchain#DeFi #CEXvsDEX101
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