#CEXvsDEX101 #BeginnersDiary
📢 When it comes to Web3 security and trading platforms, understanding the difference between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges) is crucial.
CEXs like Binance or Coinbase offer convenience, fiat on-ramps, and customer support — but they hold your keys, which means you don’t fully control your crypto.
On the other hand, DEXs such as Uniswap or PancakeSwap allow peer-to-peer trading without middlemen. Your keys, your crypto — but you're also responsible for your own security, wallet management, and gas fees.
Security in Web3 means making informed choices. Whether you trust the efficiency of CEXs or the self-sovereignty of DEXs, know the risks.
🛡️ Be your own watchdog. #StrategyBTCPurchase #CEXvsDEX101🔥