#CEXvsDEX101
🔍 CEX vs DEX: What is the difference?
Centralized exchanges (CEX) like Binance allow you to trade through an intermediary, where funds are held on the platform. In contrast, decentralized exchanges (DEX) like Uniswap enable you to trade currencies directly from your wallet without an intermediary.
✅ CEX provides high liquidity, fast execution, and customer support.
✅ DEX offers privacy and full control over assets.
Each type has its advantages and disadvantages. Your choice depends on your priority: speed or control?
Which platform do you prefer? And why? 💬
