#CEXvsDEX101 🔁 Centralized vs Decentralized Trading: What's the Difference?

In the world of finance and cryptocurrencies, there are two different approaches to trading — and it's important to understand how they work.

📍 Centralized Trading (CEX)

Trading occurs through a centralized exchange — for example, Binance or Coinbase.

📊 All operations go through one platform that manages assets, orders, and security.

✅ Advantages:

– High liquidity

– User-friendly interface

– Fast transactions

⚠️ Disadvantages:

– You don't own your funds (the exchange controls the wallets)

– Vulnerability to hacks or blocks

🌐 Decentralized Trading (DEX)

This is trading directly between users through smart contracts — without intermediaries. Examples: Uniswap, PancakeSwap.

✅ Advantages:

– You store your own funds

– Trading without verification and censorship

– Complete transparency

⚠️ Disadvantages:

– Less liquidity

– The interface may be more complex

– Transactions may be slower and more expensive (especially on networks like Ethereum)

📌 Conclusion:

Centralized platforms are about convenience and speed.

Decentralized ones are about freedom and control.

Choose what suits you best. $BTC $ETH $XRP

XRP
XRP
1.9231
+1.30%