"What's the difference between Centralized and Decentralized in the crypto world? 🧐"

🔍 The difference is simple:

Centralized:

A single entity controls the platform or wallet (e.g., Binance - CEX)

Decentralized:

There is no single entity in control; the user manages their funds (e.g., Uniswap - DEX)

✅ Each option has advantages and disadvantages:

Centralized is faster and easier for beginners

Decentralized provides complete freedom and control

💬 Which type do you prefer? And why?

#CryptoBasics #DeFi #BinanceSquare #DEXvsCEX #WriteToEarn