#CEXvsDEX101 CEX vs DEX 101

Centralized Exchanges (CEXs) are platforms like Binance or Coinbase where a central authority manages trading, offering high speed, liquidity, and ease of use. However, users must trust the platform with their funds and data. Decentralized Exchanges (DEXs), like Uniswap or PancakeSwap, let users trade directly from their wallets using smart contracts. They offer more privacy and control but may have lower liquidity and slower execution. CEXs suit beginners and frequent traders, while DEXs appeal to those prioritizing decentralization and self-custody. Both have pros and cons—understanding them helps users trade smarter and safer in the crypto world.