#CEXvsDEX101
CEX vs DEX 101: What’s the Difference?
New to crypto? Let’s break it down! CEX (Centralized Exchange) like Binance is managed by a company. It offers fast trades, high liquidity, and user-friendly tools. DEX (Decentralized Exchange) like PancakeSwap runs on blockchain—no middleman! You control your funds but may face slower trades and less support. CEX is great for beginners and active traders. DEX is ideal for privacy lovers and DeFi fans. Both have pros and cons—choose what fits your style!