#CEXvsDEX101

Comparison between CEX and DEX cryptocurrency exchanges

Centralized exchanges CEX like Binance

Require your identity and manage your funds on your behalf

Their advantages are execution speed and technical support

Suitable for beginners but less private

Decentralized exchanges DEX like Uniswap

Do not control your funds and do not ask for identity

Maintain your privacy but are a little more difficult

Suitable for professionals who want complete control

Which do you prefer, centralized or decentralized?

Share your choice in the comments below