#CEXvsDEX101 Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) represent two fundamental approaches to crypto trading. CEX platforms like Binance offer high liquidity, fast transactions, and user-friendly interfaces, but they require users to trust a third party with custody of their funds. In contrast, DEX platforms operate without intermediaries, allowing peer-to-peer trading through smart contracts. This enhances privacy and control but often comes with lower liquidity and a steeper learning curve. Understanding the trade-offs between control and convenience is essential for any trader navigating the crypto landscape.$BTC
