#CEXvsDEX101

Centralized exchanges (CEXs) and decentralized exchanges (DEXs) offer different approaches to crypto trading. CEXs like Binance and Coinbase act as intermediaries, offering high liquidity, fast trades, and user-friendly interfaces. However, they require users to trust the platform with their funds and personal data. In contrast, DEXs like Uniswap and PancakeSwap allow peer-to-peer trading without intermediaries, giving users full control of their assets and enhanced privacy. While DEXs offer greater decentralization and censorship resistance, they often face issues like lower liquidity, higher slippage, and complex interfaces. CEXs are ideal for beginners and high-volume traders, while DEXs appeal to users prioritizing privacy, autonomy, and control. The future of trading may lie in a hybrid of both. #CEX #DEX #CryptoTrading