#CEXvsDEX101
Choose your platform wisely! 🚀
Are you new to the crypto world or a professional trader? 🤔
Choosing the right platform can change the game!
Here’s a quick comparison between centralized exchanges (CEX) and decentralized exchanges (DEX) to help you make the best decision:
🔸 CEX (Centralized Exchanges) like Binance:
✅ Ease of use: Simple interfaces, ideal for beginners.
✅ High liquidity: Fast execution of trades with large volumes.
✅ Customer support: Assistance available 24/7.
⚠️ But beware: The platform holds your private keys, meaning you do not have full control over your assets.
🔸 DEX (Decentralized Exchanges) like Uniswap:
✅ Full control: You own your private keys, which means greater security.
✅ Decentralization: No intermediaries, direct trading through smart contracts.