#CEXvsDEX101

Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) each offer unique benefits in the crypto world. CEXs like Binance or Coinbase offer high liquidity, faster transactions, and customer support, but they require trusting a third party with your funds. DEXs, such as Uniswap or PancakeSwap, allow peer-to-peer trading without an intermediary, giving users full control of their assets, but often with lower liquidity and higher slippage. Understanding the difference helps you make informed choices when trading or holding crypto assets. Choose what aligns with your needs and priorities. #Tradersleague