#CEXvsDEX101
**CEX vs. DEX: What's the Difference?**
Centralized Exchanges (CEX) like Binance offer user-friendly interfaces, high liquidity, and fast transactions, making them ideal for beginners. They act as custodians, holding your funds, but require trust in the platform. Decentralized Exchanges (DEX), like Uniswap, prioritize user control, letting you trade directly from your wallet without intermediaries. However, DEXs can have lower liquidity and higher fees. CEXs are great for quick trades and fiat on-ramps, while DEXs shine for privacy and decentralization. Choose based on your needs: convenience or control? Stay informed, trade smart! #CEXvsDEX101🔥 101 #CryptoTrading
