#CEXvsDEX101

#CEXvsDEX101: Centralized or Decentralized? Let's clarify!

When trading crypto, you can choose between a CEX (centralized exchange) or a DEX (decentralized exchange). But what is the difference? 🤔

📊 On a CEX (like Binance), you have high liquidity, user-friendly interfaces, and customer support. Perfect for those looking for speed and convenience.

🛠️ A DEX, on the other hand, offers you total control over your funds and more privacy, but requires more technical skills and often has less liquidity.

⚖️ The choice depends on your needs: security, autonomy, or functionality? Knowing both helps you navigate the crypto world with awareness.

💬 Which one do you prefer? Let us know in the comments!