Centralized Exchanges (CEXs) vs Decentralized Exchanges (DEXs) – what’s the difference, and which one suits you best? 🤔 #CEvsDE101

CEXs like Binance offer high liquidity, user-friendly interfaces, and customer support. They're great for beginners and active traders who want fast transactions and advanced tools. However, you trust a third party to hold your funds.

On the other hand, DEXs give you full control of your assets and promote privacy and decentralization. No sign-ups, no middlemen — just wallet-to-wallet trading. But they can lack liquidity and be harder to navigate.

Each has its pros and cons. Your choice depends on your goals, experience, and need for control or convenience.

Which one do you prefer?