#CEXvsDEX101

🔄 #CEXvsDEX101 | Which is better? CEX or DEX?

In the crypto world, there is much discussion about centralized exchanges (CEX) like Binance and Coinbase, and decentralized exchanges (DEX) like Uniswap and PancakeSwap. But what is the difference between them, and which one suits you better as a user or trader?

✅ CEX: Offers high liquidity and fast execution, making it suitable for beginners. However, it requires identity verification and holds your wallet keys, which may put your funds at risk of hacking or freezing.

✅ DEX: Gives you complete control over your assets without the need for a centralized intermediary. It does not require registration, but it can be complex for some, and features high gas fees on some networks.

💡 Example: When trading the ETH/USDT pair, in CEX you will get fast execution and deep market liquidity, while in DEX you will need a wallet like MetaMask and may face greater slippage, especially with low trading volume.

🎯 The decision is yours, based on your priorities between security, privacy, or ease of use.

📢 Share your opinion: Do you prefer CEX or DEX? And why?

#Crypto #DeFi #Ethereum #Trading #ETH #USDT