#CEXvsDEX101 ¿Centralization in Binance or decentralization with #Crypto?

Decentralization defines #Bitcoin, #Ethereum, and other #Crypto, allowing direct transactions without intermediaries through blockchain 🌐. This ensures transparency and user control over their funds 🔑. Binance, as a centralized exchange, facilitates trading of #BNB and other coins with a user-friendly interface and high liquidity 🚀. However, by trusting your assets to Binance, you relinquish some control, as they manage the private keys, which contrasts with the decentralized philosophy of #Crypto. DEXs, like Uniswap, offer non-custodial trading but can be complex. Binance prioritizes efficiency, while decentralization maximizes autonomy. What do you prefer: convenience or total freedom in #Crypto? 🌟