#CEXvsDEX101

Centralized Exchanges (CEX) like Binance are platforms where a company controls the trades and provides fast, secure services. You trust the platform with your assets. In contrast, Decentralized Exchanges (DEX) like Uniswap let users trade directly from their wallet without a middleman. DEXs offer more privacy and control, but they may have lower liquidity and slower transactions. CEXs are beginner-friendly, while DEXs suit experienced users. Both have pros and cons—choose based on your goals. For most new traders, starting with a CEX is safer and easier.

#CEXvsDEX101