#CEXvsDEX101

Cryptocurrency trading is conducted on main platforms: CEX (Centralized Exchange) and DEX (Decentralized Exchange). On CEX like Binance, trading is fast, user-friendly, and has high liquidity. You have customer support, advanced tools, and easy fiat deposit options. DEX platforms, like PancakeSwap or Uniswap, offer more control but are a bit complex: you need to connect the wallet, pay gas fees, and face limited liquidity issues. If you trade the HIFI/USDT pair on Binance, you get more liquidity and smooth execution. However, on DEX you trade directly from the wallet. Both have their own roles: the wisdom lies in choosing the platform according to your strategy and comfort.