๐ **#CEXvsDEX101**: Understanding Your Crypto Trading Options
Centralized Exchanges (CEXs) like Binance and Coinbase offer high liquidity, user-friendly interfaces, and customer support, making them ideal for beginners.
Decentralized Exchanges (DEXs) such as Uniswap and PancakeSwap provide greater privacy, self-custody of assets, and resistance to censorship, appealing to those who prioritize autonomy.
Your choice between a CEX and a DEX depends on your trading preferences, technical expertise, and desired level of control over your assets.
