#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, a decentralized platform like Uniswap allows you to trade directly from your wallet without an intermediary, providing privacy and complete control over your funds.

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

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

Choose the platform that suits your goals and trading style.