#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two ways to trade crypto assets. CEXs, like Binance and Coinbase, offer high liquidity, user support, and a friendly interface, but require the user to trust their funds to the broker, making them subject to hacks, freezes, and censorship. On the other hand, DEXs, like Uniswap and PancakeSwap, operate without intermediaries, allowing the user to maintain full custody of their assets. In contrast, they may have lower liquidity, higher fees, and require more technical knowledge. CEX is ideal for beginners and quick transactions; DEX is for those seeking autonomy and privacy. Each has its pros and cons. Assess your risk profile and objectives before choosing. DYOR – Do your own research.