#CEXvsDEX101
🏦 CEX vs DEX: What’s the Difference? 🔐
When diving into crypto trading, choosing between a centralized exchange (CEX) and a decentralized exchange (DEX) is a key decision. CEXs like Binance or Coinbase offer high liquidity, fast transactions, and user-friendly interfaces—but they hold your funds, which raises security and custody concerns. On the flip side, DEXs like Uniswap or PancakeSwap allow peer-to-peer trading with full control over your assets and greater privacy. However, DEXs may have lower liquidity, slower speeds, and a steeper learning curve. Your choice depends on whether you prioritize convenience or control. Understanding both helps you navigate crypto smarter and safer.
