#CEXvsDEX101 #CEXvsDEX101
Centralized exchanges (CEXs) 💼 and decentralized exchanges (DEXs) 🌐 are two main platforms for crypto trading.
CEXs like Binance or Coinbase 🏦 are user-friendly and offer high liquidity 💧, but users must trust the platform with their assets 🔐.
DEXs like Uniswap or PancakeSwap 🥞 give you full control over your funds 👛 and are more private 🤫, but they can be harder to use and may have lower liquidity.
Knowing the difference helps you trade smarter 🎯. Which one do you prefer? 🤔👇