#CEXvsDEX101 Many everyday users are starting to question the fairness of trading on CEX (Centralized Exchange), especially when it comes to insider trading. Since CEX is controlled by a central team, there are always concerns that certain parties may have access to privileged information before the public. Although they offer ease of use and strong liquidity, the centralization can make people feel uncomfortable. Personally, I like using $BNB on CEX for its utility and ecosystem benefits.
On the other hand, DEX (Decentralized Exchange) offers transparency by putting everything on-chain. There are no intermediaries, just your wallet and smart contracts. For those who value decentralization and visibility, DEX feels fairer and trustless. My choice on DEX? Definitely $CAKE, especially for yield farming and low fees. If you're concerned about insider games, DEX might be a safer space. As always, DYOR.