#中心化与去中心化交易所 CEX vs DEX: Where Should You Put Your Money?

Centralized Exchange (CEX) - Like a bank, but wilder!

Platforms like Binance and OKX allow for instant deposits and smooth trading, making it easy for beginners to jump in! But be careful - your money is actually in the exchange's pocket, and if hackers strike (like the Mentougou incident losing 15 billion) or if the owner runs away (FTX collapse warning⚠️), it will be too late to cry!

Decentralized Exchange (DEX) - Your money, your control!

Uniswap and PancakeSwap use smart contracts for automated trading, with private keys in hand, your assets are never 'custodied'. But the cost is: slow as a snail (during Ethereum congestion), high transaction fees, and newbies might even lose their wallets.