#CEXvsDEX101
๐ #CEXvsDEX101 โ Whatโs safer in 2025?
With recent news of multiple phishing attacks and rising gas fees on Ethereum, users are once again debating: Centralized Exchanges (CEX) vs Decentralized Exchanges (DEX).
CEXs like Binance offer fast execution, 24/7 support, and insurance against hacks โ a level of reliability many traders still trust. But they hold your keys ๐.
DEXs like Uniswap or PancakeSwap give you full control over your assets and no KYC, but youโre also responsible for everything โ security, slippage, and sometimes, painfully high fees โฝ.
In a world where self-custody is trending, but security risks are rising, which do YOU prefer? Drop your thoughts ๐
