#CEXvsDEX101

🔄 CEX vs DEX: What’s the Difference?

When trading crypto, knowing the difference between CEXs and DEXs is essential.

Centralized exchanges like Binance and Coinbase act as intermediaries, offering high liquidity, advanced tools, and user-friendly experiences. But they hold your funds—meaning you don’t have full custody of your assets.

Decentralized exchanges like Uniswap and PancakeSwap let you trade directly from your wallet, giving you full control. They promote transparency and censorship resistance but often come with lower liquidity and fewer features.

⚖️ Bottom line: Both have pros and cons. Your choice depends on trading style, risk tolerance, and whether you prioritize convenience or control.

#CryptoTrading #CEXvsDEX #BinanceSquare #DeFi #CryptoTips