#CEXvsDEX101

In the world of crypto trading, there are two main types of platforms: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). 🛡️

CEX (Centralized Exchange), such as Binance or Kraken, offer convenience, high liquidity, and a familiar interface. However, you trust your assets to a third party.

DEX (Decentralized Exchange), like Uniswap or PancakeSwap, allow you to trade directly from your wallet, providing full control over your funds. But they can be more complex for beginners and have lower liquidity.

What do you choose?