#CEX Vs D#CEXvsDEX101 Centralized exchanges (CEX) versus decentralized exchanges (DEX)—which do you prefer? I’ve used both, and they each have unique benefits. A CEX like Binance offers high liquidity and a user-friendly interface, making trades quick and easy. However, you’re trusting a third party with your funds, which can be risky. DEX platforms like Uniswap give you full control with no intermediaries, enhancing privacy and security. The downside? They often have lower liquidity and can be more complex for beginners. I lean toward DEX for smaller trades but use CEX for larger volumes. What’s your go-to exchange type?