#CEXvsDEX101
Centralized or decentralized — which exchange fits your trading style?
On a CEX (Centralized Exchange) like Binance, you get speed, high liquidity, user-friendly interfaces, and customer support.
Great for beginners, CEXs handle custody of your funds, meaning you're trusting a platform to manage your assets.
On the other side, DEXs (Decentralized Exchanges) give you full control. No middlemen, just wallet-to-wallet trades. You trade directly from your wallet - but you also take on more responsibility. No password resets. No centralized protection.
Just you and the blockchain.
Both have pros. Both have risks. Which do you trust?