#CEXvsDEX101 seems like you're interested in understanding the difference between centralized exchanges (CEX) and decentralized exchanges (DEX) in the context of cryptocurrency trading. Let me break it down for you:

*Key Differences:*

- *Control Over Funds*: In a CEX, users deposit funds into an account controlled by the exchange, whereas in a DEX, users trade directly from their own wallets and maintain control over their private keys.

- *Anonymity*: CEXs typically require personal information and verification, while DEXs often allow for anonymous trading.