#CEXvsDEX101

I have been in the crypto world for a short time, and although I am still learning, I have already tried some centralized exchanges (CEX) and I am also starting to understand how decentralized exchanges (DEX) work.

🏢 CEX (like Binance, KuCoin, etc.)

They are super easy to use.

They have good liquidity, meaning it's easy to buy or sell.

– But you have to trust the platform, and sometimes they ask for too much information.

🌐 DEX (like Uniswap or PancakeSwap)

You have more control over your funds.

No registration is needed, it's more anonymous.

– Sometimes it can be more complicated to understand how to use them at first.

✅ I prefer CEX for now because they are simpler for those of us who are just starting. But I think DEX are great for the future, when I better understand how contracts and networks work.

📌 Advice for newcomers to DEX:

Start with small amounts, research well, and be careful with addresses and fees. Everything counts!

💬 And you, which one do you prefer? Do you use both?