#CEXvsDEX101 Understanding the difference between Centralized and Decentralized Exchanges is key for every crypto user.

CEXs like Binance and Coinbase offer speed, liquidity, and user-friendly interfaces — perfect for beginners and large-volume traders. But they require KYC, hold custody of your assets, and are subject to regulations.

DEXs like Uniswap and PancakeSwap run on smart contracts, give you full control of your funds, and enable anonymous, permissionless trading — but come with higher gas fees, lower liquidity, and technical learning curves.

Each has pros and cons — your choice depends on your priorities: convenience or control.