š¤ Confused about CEX and DEX? Letās break it down! #CEXvsDEX101
A CEX (Centralized Exchange) like Binance or Coinbase is user-friendly, fast, and often regulatedāperfect for beginners. But you trust a third party to hold your funds. š¦
A DEX (Decentralized Exchange) like Uniswap or PancakeSwap gives you full control of your assetsāno middleman, just your wallet and the blockchain. But it can be less intuitive and slower. š
CEX = convenience.
DEX = control.
Both have pros and cons. The best choice? Depends on your goals, experience, and risk tolerance.
Do your research and trade smart! š”