đ CEX vs DEX: Which Side Are You On?
The crypto world gives you two doors to trade through:
CEX (Centralized Exchange) and DEX (Decentralized Exchange).
But whatâs the difference â and which oneâs best for you?
đ CEX (e.g., Binance, Coinbase)
â Fast and user-friendly
â High liquidity
â Customer support
â ïž Requires KYC & holds your funds
â ïž Prone to central control and potential hacks
đ§Ź DEX (e.g., Uniswap, PancakeSwap)
â Full control of your assets (you own your keys)
â Permissionless & privacy-friendly
â Great for DeFi and altcoin discovery
â ïž Higher learning curve
â ïž Slower execution & lower liquidity (in some cases).