#CEXvsDEX101 #CEXvsDEX101 – The Battle of Crypto Exchanges

Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) is a key step in your crypto journey.

CEX like Binance or Coinbase offer user-friendly platforms, high liquidity, and support. However, they hold your funds and require KYC, which means less control over your assets.

DEX like Uniswap or PancakeSwap run on smart contracts and let you trade directly from your wallet. This gives you more privacy and control, but often lower liquidity and higher risk of errors.

Your choice depends on your priorities: security, control, convenience, or privacy. #CEXvsDEX101 🔑