#CEXvsDEX101
Centralized Exchanges (CEX) vs Decentralized Exchanges (DEX) — the battle of control vs freedom! 💥 CEXs like Binance offer speed, liquidity, and user-friendly interfaces, but require trust in a third party. On the other hand, DEXs give full control of your assets, with peer-to-peer trading and no KYC — but often come with higher complexity and lower liquidity. The choice depends on your trading goals, security preference, and experience level. Whether you prioritize convenience or decentralization, understanding the pros and cons helps you trade smarter in Web3.
