#CEXvsDEX101
When diving into crypto, it's crucial to understand the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX).
CEXs like Binance or Coinbase are user-friendly, offering quick trades, high liquidity, and customer support—but they hold your assets.
DEXs like Uniswap or PancakeSwap give you full control of your crypto and trade peer-to-peer, but can be less intuitive and sometimes slower.
Each has pros and cons depending on your goals. Choose wisely based on security, convenience, and control.
Which one do you prefer? Let’s discuss! 💬👇
#CryptoBasics #Blockchain #DeFi #Web3