#CEXvsDEX101 good good Binance community!

Today I share my opinion on CEX vs DEX. CEX (centralized exchanges like Binance) are fast, easy to use, and have high liquidity. Perfect for beginners or those who trade frequently. But be careful, your funds are in the platform's custody.

On the other hand, DEX (decentralized exchanges like Uniswap or PancakeSwap) give you total control over your cryptos. No one else has your keys. Ideal if you seek more privacy and autonomy, although sometimes there is less liquidity and high fees on certain networks.

I use CEX for fast trading and DEX when I want to hold securely. And you?