#CEXvsDEX101 Choosing between Binance (a CEX) and Decentralized Exchanges (DEXs) is a key decision for any crypto trader. Each offers different advantages depending on your trading goals and experience.
Binance excels in speed, liquidity, and user experience. It’s beginner-friendly, supports a wide range of tokens, and offers advanced tools like futures, margin trading, and staking—all in one platform. It's my go-to for active trading, especially when I need fast execution or access to major markets.
However, being centralized, Binance holds custody of your assets, meaning you must trust the platform with your funds. That introduces risk if withdrawals are paused or if security is compromised.
In contrast, DEXs like Uniswap or