🔁 #CEXvsDEX Explained – What You Need to Know 🔍
When navigating the crypto space, knowing the difference between CEXs and DEXs is essential.
✅ Centralized Exchanges (CEXs) like #Binance offer:
Fast transactions
High liquidity
Advanced trading tools
Easy fiat on/off ramps
But remember: Your assets are held by the platform — convenience comes with counterparty trust.
🆚 Decentralized Exchanges (DEXs) like Uniswap or PancakeSwap provide:
Full custody of your funds
Permissionless, wallet-to-wallet trading
Greater transparency & censorship resistance
However, DEXs can face lower liquidity, limited features, and higher slippage on large trades.
🎯 Bottom line:
Use a CEX for speed, tools, and liquidity
Use a DEX for control and decentralization
