#CEXvsDEX101 Centralized exchanges (CEX), such as Binance, are known for their convenience, liquidity, and user support. On the other hand, decentralized exchanges (DEX) offer total freedom, as the user retains custody of their assets. In a CEX, you trust the platform to hold your cryptos and execute orders. In a DEX, everything happens through smart contracts, without intermediaries. But beware: with greater freedom comes greater responsibilities. Knowing the difference between these options is essential for making secure choices that align with your profile. Do you prefer centralized security or total autonomy?
