#CEXvsDEX101

#CEXvsDEX101: Understand the difference between centralized (CEX) and decentralized (DEX) exchanges!

CEX: Centralized platforms that manage transactions and store user assets. Examples: Binance, Coinbase.

DEX: Decentralized platforms that allow peer-to-peer transactions without intermediaries. Examples: Uniswap, PancakeSwap.

Dex advantages: greater security, transparency and control over assets. Disadvantages: limited liquidity and complex interfaces.

CEX is easier to use, but DEX offers more control and security. What is your preference? 🤔 #cryptocurrencies #blockchain #CEXvsDEX