In the crypto world, there are two main platforms for trading — Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). Each has its own strengths and limitations.
💼 CEX, like Binance or Coinbase, is managed by a central authority. It offers user-friendly interfaces, fast transactions, and high liquidity. You can easily trade using fiat currencies. However, you don’t fully control your funds — the platform holds your assets.
🌐 On the other hand, DEX, like Uniswap or PancakeSwap, operates without intermediaries. You trade directly from your wallet, maintaining full control over your funds and privacy. It's ideal for experienced users but may be complex for beginners, and gas fees can be higher.
🔎 In short:
If you’re new and want easy, fast trading — go with CEX.
If you value privacy, freedom, and full control — choose DEX.