#CEXvsDEX101

Centralized Exchanges (CEX) like Binance or Coinbase are run by companies, offering user-friendly interfaces, high liquidity, and customer support—but require trusting a third party with your funds. Decentralized Exchanges (DEX), such as Uniswap or PancakeSwap, run on smart contracts, giving you full control of your assets and enhancing privacy. However, DEXs may have lower liquidity and can be complex for beginners. CEXs are often faster and better for large trades, while DEXs align with crypto’s core value: decentralization. Knowing the pros and cons helps you choose wisely. Trade where you’re most comfortable. #CEXvsDEX101 #CryptoBasics