#CEXvsDEX101

In the cryptocurrency market, there are two types of platforms: centralized (CEX) and decentralized (DEX).

A centralized platform like Binance controls the assets and requires identity verification (KYC), providing high security and excellent liquidity.

On the other hand, decentralized platforms like Uniswap allow you to trade directly from your wallet without an intermediary, offering privacy and full control over your funds.

The fundamental difference is who controls your money. Do you prefer security and liquidity, or privacy and self-control?

An example of a popular trading pair in both types: BTC/USDT

Choose the platform that suits your goals and trading style.