#CEXvsDEX101 #CEXvsDEX101

When it comes to crypto trading, choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) can shape your experience. CEXs like Binance offer speed, high liquidity, and user-friendly interfaces—perfect for beginners and active traders. They also offer advanced features like margin, futures, and staking. On the other hand, DEXs like Uniswap or PancakeSwap prioritize privacy and self-custody, letting users trade directly from their wallets without intermediaries. However, DEXs may have lower liquidity and higher slippage. Personally, I use both: CEXs for quick trades and convenience, DEXs when I want full control of my assets. Know the pros and cons, then trade smart.