🔍 Understand more about CEX and DEX – Who do you choose?
When participating in the cryptocurrency market, one of the first questions you will encounter is: Should you use a centralized exchange (CEX) or a decentralized exchange (DEX)?
➡️ CEX like Binance provides a smooth user experience, high liquidity, and good customer support. However, you need to trust the intermediary to hold your assets.
➡️ DEX like Uniswap or PancakeSwap offers freedom and absolute control over your assets. But this comes with risks related to smart contract bugs and a not-so-friendly experience for newcomers.
So do you choose convenience or freedom? Think carefully before making your decision!
What type of exchange are you using? Please share your experiences below! 👇
