#CEXvsDEX101 Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two main platforms for crypto trading. CEXs like Binance or Coinbase are managed by companies, offering user-friendly interfaces, high liquidity, and customer support. However, they require KYC and hold users' funds. On the other hand, DEXs like Uniswap or PancakeSwap operate without intermediaries, giving users full control of their assets and ensuring privacy. But they may lack liquidity and can be complex for beginners. Choosing between them depends on your priorities—security, control, or convenience. Understand both to make smarter crypto decisions. #CryptoBasics #Blockchain #DeFi #CEX #DEX