#CEXvsDEX101
🏛️ Binance is a centralized exchange (CEX), which means it operates under a controlled structure, with high levels of security, liquidity, and a user-friendly experience.
🌐 On the other hand, DEXs (decentralized exchanges) allow you to trade directly from your wallet, without intermediaries, but with more complexity and responsibility.
🧠 Knowing when it is advisable to use a CEX or a DEX is key to better managing your assets.
Binance has also incorporated Web3 solutions, such as the Web3 Wallet, to give you the best of both worlds.
How do you manage that decision? What has worked best for you?