#CEXvsDEX101 #CEXvsDEX101

Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) offer different crypto trading experiences. CEXs like Binance or Coinbase are user-friendly, fast, and offer high liquidity, but they require users to trust a third party with their funds. DEXs like Uniswap or PancakeSwap provide greater privacy and control—your keys, your coins—but can be slower and less intuitive for beginners. CEXs suit traders who prioritize convenience, while DEXs are ideal for those valuing decentralization and self-custody. Each has pros and cons, so choose based on your priorities: security, control, or ease of use.

#Crypto101 #BlockchainBasics #Web3