#CEXvsDEX101

CEX vs. DEX: Are you sacrificing security for convenience? Your choice impacts capital preservation more than you know. Don't trade blindly!

Signal: For #CEXvsDEX101, understand the core trade-offs: 1) Centralized Exchanges (CEXs): Offer convenience, high liquidity, and simpler onboarding (e.g., Binance, Coinbase). But, you don't control your keys, posing a counterparty risk. Best for ease of use, fiat on/off-ramps, and high-volume trading. 2) Decentralized Exchanges (DEXs): Offer self-custody (you control keys), privacy, and access to a wider range of tokens (e.g., Uniswap, PancakeSwap). They incur higher gas fees and can have lower liquidity. Best for true ownership, permissionless access, and DeFi interactions. Your strategic choice is paramount for long-term capital preservation.