#CEXvsDEX101 

When it comes to cryptocurrency exchanges, there are two main types: CEX (Centralized Exchanges) and DEX (Decentralized Exchanges).

CEX platforms like Binance and Coinbase are user-friendly and offer a variety of services. However, they require you to trust a central authority with your assets.

On the other hand, DEX platforms like Uniswap and PancakeSwap give users full control over their assets and transactions, offering more privacy and security. The downside? They can be more complex to use.

Which one do you prefer? CEX or DEX?

#CEXvsDEX #Crypto #Blockchain #Decentralized #Centralized