#OrderTypes101

#CEXvsDEX101: Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) are two primary platforms for trading crypto. CEXs, like Binance or Coinbase, act as intermediaries, offering user-friendly interfaces, fast transactions, and customer support—but they require trust and custody of your funds. In contrast, DEXs like Uniswap or PancakeSwap operate without intermediaries, allowing peer-to-peer trading via smart contracts. This means users retain control of their assets and enjoy greater privacy, but DEXs can have steeper learning curves and lower liquidity. Security risks exist on both, though differently—CEXs can be hacked centrally; DEXs may have smart contract vulnerabilities. Choose based on your priorities: convenience or control.CEXvsDEX101: Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) are two primary platforms for trading crypto. CEXs, like Binance or Coinbase, act as intermediaries, offering user-friendly interfaces, fast transactions, and customer support—but they require trust and custody of your funds #CryptoBasics