#CEXvsDEX101

Centralized exchanges like Binance or Coinbase offer convenience, liquidity, and fast transactions — perfect for newcomers and pros who prioritize user experience. They handle custody of your funds, provide customer support, and often have fiat on-ramps. But there’s a catch: you're trusting a third party with your assets. History has shown us that hacks, mismanagement, or regulatory crackdowns can lead to frozen funds or worse.

When you trade on a CEX, you sacrifice some control for ease of use. For high-volume tokens like $BTC or $ETH, though, it’s hard to beat the speed and depth of order books.

Just remember: not your keys, not your crypto.