In the world of crypto, you often hear about "Centralized Exchanges" (CEX) and "Decentralized Exchanges" (DEX), and you may wonder: what is the difference between them? Which is better? This hashtag aims to clarify this difference in a simplified way to help you make the right decision for your trading experience.

First: CEX - Centralized Exchanges

Like the Binance platform, these platforms act as an intermediary between you and the market. You register for an account, verify your identity, and conduct buying and selling through the platform's system.

✅ Advantages:

Easy to use.

High liquidity.

Direct technical support.

❌ Disadvantages:

You need to trust the platform.

It can be hacked.

You do not own your wallet keys (not your keys = not your coins).

Second: DEX - Decentralized Exchanges

Like Uniswap or PancakeSwap, they allow you to trade directly from your own wallet, without an intermediary, via smart contracts.

✅ Advantages:

Full control of your funds.

No need for identity verification (more privacy).

Operates 24/7 without interruption.

❌ Disadvantages:

Less easy for beginners.

Limited liquidity for some coins.

No direct support, and you are responsible for everything.

In the end, your choice between CEX and DEX depends on your goals, level of expertise, and interest in privacy and security. Some prefer security and simplicity, while others prefer freedom and full control.

Choose wisely, and always stay informed.

Your guide to understanding the difference and making the best decision for you in this evolving world.