โ๏ธ #CEXvsDEX101
Today we will talk about the difference between CEX (Centralized Exchange) and DEX (Decentralized Exchange).
๐ข CEX like Binance has management, requires account registration, and keeps your information.
๐ DEX like Uniswap works with just a wallet, no registration or documents needed.
๐ผ CEX is easy to use, has high support and security, but you are under their rules.
๐ต๏ธโโ๏ธ DEX gives you freedom and privacy, but you need to know how to operate and be careful.
๐ For example, you can try them with ETH/USDT and see the difference for yourself.
And you? Do you want to be free without restrictions? Or do you prefer comfort and security?