🔄 #CEXvsDEX101 – What’s the difference between Centralized and Decentralized Exchanges?
CEX (Centralized Exchange) like Binance or Coinbase is run by a company. It’s user-friendly, offers high liquidity, and supports fiat, but you give up control of your crypto.
DEX (Decentralized Exchange) like Uniswap or PancakeSwap lets you trade peer-to-peer using smart contracts. You keep control of your funds, but it may be less beginner-friendly and have lower liquidity.
Each has pros and cons—CEX for convenience, DEX for control. Choose based on your trading style and security preference.
