#CEXvsDEX101 Understanding the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is key for every trader. đĄ
CEXs like Binance offer high liquidity, faster transactions, and user-friendly features â perfect for beginners and active traders. đŚ
DEXs, on the other hand, give you full control of your assets, with no intermediaries â ideal for those focused on privacy and decentralization. đ
Personally, I use both depending on my trading goals. CEX for speed, DEX for flexibility.
Know when to switch â your strategy should fit the platform.
Trade smart! âď¸