#CEXvsDEX101

CEXvsDEX101: What’s the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)? 🤔

CEX platforms like Binance and Coinbase are user-friendly, fast, and offer high liquidity. But they hold your funds—meaning you trust a third party. 🏦

On the flip side, DEX platforms like Uniswap and PancakeSwap give you full control of your assets with peer-to-peer trading and no intermediaries. 🚀 However, they often have lower liquidity and can be harder for beginners to use.

Choosing between CEX and DEX depends on your priorities: convenience and speed, or privacy and control. 💼🔐