CEX vs DEX – What’s the difference and what do I use? 🤔

As someone still early in my crypto journey, I’ve explored both Centralized Exchanges (CEX) like Binance and Decentralized Exchanges (DEX) like PancakeSwap. 💹

CEXs are super beginner-friendly – fast, easy-to-use, and secure with 2FA. But they hold your private keys, which means you don’t have full control of your funds.

DEXs give you full control and privacy 🔐, but they can be confusing and have higher gas fees and risks if you make a mistake.

Right now, I prefer CEX for daily trading and safety, but I’m learning more about DEXs every day. 📚

What’s your pick? Let me know 👇

#CEXvsDEX101