#CEXvsDEX101 #CEXvsDEX101
Subject: Differences between CEX (Centralized Exchange) and DEX (Decentralized Exchange)
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> Centralized exchanges (CEX) like Binance or Coinbase offer simplicity, speed, and liquidity, but they involve trusting a central entity that controls the funds. Decentralized exchanges (DEX) like Uniswap or PancakeSwap allow direct transactions between users via smart contracts. They offer more privacy and control but can be complex to use and less liquid. Understanding these differences is crucial for choosing the platform that suits one's needs and level of experience.#BinanceAlphaAlert #TrumpVsMusk #EDGENLiveOnAlpha #BTC