#CEXvsDEX101 Here's a rewritten version:
"CEX vs DEX 101 🚀
Centralized exchanges (CEX) like Binance offer:
- High liquidity
- User-friendly interfaces
- Customer support
But, you need to trust the platform with your assets.
Decentralized exchanges (DEX) offer:
- More control over your funds
- Anonymity
- Peer-to-peer trades via blockchain smart contracts
However, DEXs can have:
- Higher slippage
- Lower liquidity
Choose CEX or DEX based on your trading needs and risk tolerance 🤔. Which one do you prefer? #CEXvsDEX101"