🌐Centralized Exchanges (CEX) like Binance or Coinbase offer user-friendly interfaces, fast transactions, and customer support, but require trusting a third party with your funds.
🌐Decentralized Exchanges (DEX), like Uniswap or PancakeSwap, give you full control over your crypto, enabling peer-to-peer trading without intermediaries.
🌐However, DEXs may have a steeper learning curve and lower liquidity for some tokens. CEXs are great for beginners;
🌐DEXs appeal to users valuing privacy and control. Know your priorities—convenience or decentralization.