#CEXvsDEX101

Confused between CEX and DEX? Here’s what you need to know before making your next crypto move:

🔹 CEX (Centralized Exchange):

Platforms like Binance. Easy to use, highly liquid, and offer customer support. However, they hold your funds, meaning you trust them as a middleman.

🔹 DEX (Decentralized Exchange):

Platforms like Uniswap, PancakeSwap, and SushiSwap. You trade directly from your wallet—no intermediaries. Offers privacy and control, but lower liquidity and higher complexity.

💡 Which is better?

It depends on your goals:

CEX = Convenience & Speed

DEX = Privacy & Control

Make sure to know both sides of the coin before trading!