🔄 CEX vs DEX — what’s the difference and what should a beginner choose?
💼 CEX (Centralized Exchanges) — such as Binance, Bybit, etc.
✅ User-friendly interface
✅ Fast transactions
✅ Support and protection
❌ Need to undergo verification (KYC)
❌ Storing funds on the exchange = you don’t control the wallet
🌐 DEX (Decentralized Exchanges) — such as Uniswap, PancakeSwap, etc.
✅ Full control over the wallet
✅ No KYC
✅ More anonymity
❌ Can have high fees
❌ More complex to use, especially for beginners
💬 The choice depends on your goals. I started with CEX — simpler and safer.
Where do you trade?
