#CEXvsDEX101

Cryptocurrencies are traded on two types of platforms: CEX (centralized exchanges) and DEX (decentralized exchanges). CEXs, like Binance or Coinbase, offer a user experience similar to traditional exchanges, with an easy-to-use interface and high liquidity. However, they require users to deposit their funds on the platform, which can pose a security risk. DEXs, like Uniswap or SushiSwap, allow for the exchange of cryptocurrencies in a decentralized manner and without intermediaries, which can be safer but also more complex. Do you want to know more about any of these options?