#CEXvsDEX101
Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two major platforms for crypto trading. CEX, like Binance, offers ease of use and fast transactions, but it can be prone to security risks since your data is stored on a central server. On the other hand, DEX, like Uniswap, gives users full control as it operates on the blockchain, though it may sometimes be slower. Both have their pros and cons, and the choice depends on your priorities—whether you value security and control or speed and convenience. Understanding their differences is key for any trader. #CEXvsDEX101