#CEXvsDEX101 The choice between centralized (CEX) and decentralized (DEX) exchanges depends on your goals, level of experience, and security priorities.

🔐 CEX (Centralized Exchange) — these are exchanges like Binance, Bybit, or Kraken. They offer a high level of convenience, liquidity, customer support, and access to margin trading. But remember: you do not control your private keys — the exchange controls your balance.

🌐 DEX (Decentralized Exchange) — exchanges like Uniswap, dYdX, or PancakeSwap. Here you maintain full control over your assets through your own wallet. Trading occurs without intermediaries, but it can be more expensive due to gas fees and less convenient for beginners.

⚖️ Conclusion: CEX offers convenience and speed, DEX offers control and decentralization. Experienced traders often combine both options depending on their strategy.

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