Let’s talk about the never-ending debate: #CEXvsDEX101 🔍
Centralized Exchanges (CEXs) like Binance offer super user-friendly interfaces, high liquidity, and faster transactions. Great for beginners and those who want solid security and customer support. But remember — not your keys, not your coins. 🧠
On the flip side, Decentralized Exchanges (DEXs) give you full control over your assets and let you trade anonymously. No KYC, just connect your wallet and go. But… you’ll deal with slippage, higher gas fees (especially on Ethereum), and a steeper learning curve. 😅
Each has its pros and cons. Personally, I use both depending on the goal. What about you? Are you Team CEX or Team DEX?
