๐ Centralized vs Decentralized Exchanges โ What Should You Choose?
#CEXvsDEX101
In crypto, choosing the right exchange can make a huge difference. Centralized Exchanges (CEX) like Binance offer user-friendly interfaces, high liquidity, and customer support. Theyโre ideal for beginners or those who prefer a smooth experience and quick execution.
On the other hand, Decentralized Exchanges (DEX) like Uniswap or PancakeSwap let you trade directly from your wallet, offering more privacy and full control of your funds โ but with higher gas fees and less liquidity.
Both have pros and cons. CEXs are faster and easier, but DEXs give you complete control. Which one fits your style better?
Letโs hear your thoughts! ๐
