#CEXvsDEX101

In the world of crypto, many people wonder: which is better? Trading on centralized exchanges (CEX) or decentralized exchanges (DEX)? 🤔

Centralized exchanges like Binance offer an easy user experience and high liquidity, but they require identity verification and are under the control of a central entity. On the other hand, DEXs like Uniswap give you complete control over your assets, do not require an account or KYC, but may suffer from liquidity issues and high gas fees on some networks.

Personally, I use both types as needed: DEX for privacy and CEX for convenience and liquidity.

And you, which do you prefer? And why? Share your thoughts in the comments 👇