#CEXvsDEX101
When it comes to crypto exchanges, there are two major types: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). CEXs like Binance offer high liquidity, advanced trading tools, and user support, but users need to trust the platform to hold their funds. On the other hand, DEXs allow peer-to-peer trading without intermediaries, giving users full control of their assets. However, DEXs might have lower liquidity and fewer features. The choice depends on your priorities: convenience and support vs. full control and privacy. Personally, I use both depending on the situation.šā¤ļø
#CEXvsDEX101