#CEXvsDEX101

Centralized Exchanges (CEX) like Binance or Coinbase are run by companies. They're user-friendly, fast, and offer high liquidity—but require you to trust a third party with your funds. Decentralized Exchanges (DEX) like Uniswap or PancakeSwap let you trade directly from your wallet, offering more privacy and control. However, they can have lower liquidity, slower transactions, and a steeper learning curve. Choosing between CEX and DEX depends on your priorities: convenience or control, speed or sovereignty. Know the pros and cons before you trade! 🔐📉

#CEXvsDEX101 #CryptoBasics #DecentralizedFinance #CryptoEducation