#CEXvsDEX101 explores the key differences between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). CEX platforms, like Binance, are controlled by a central authority, offering user-friendly interfaces, high liquidity, and a wide range of trading pairs. In contrast, DEX platforms operate on blockchain technology, enabling peer-to-peer transactions without intermediaries, enhancing security, and promoting decentralization. While CEX offers convenience and advanced features, DEX provides greater autonomy, transparency, and resistance to censorship. Understanding these differences is crucial for traders and investors to choose the platform that best suits their needs and priorities in the crypto market. Each has its pros and cons.