#CEXvsDEX101 When you use a centralized exchange, the platform holds your keys and controls your funds.
On a DEX, you hold your keys and trade directly from your own wallet. There is no middleman.
Regulation and KYC: CEXs are built to comply with financial regulations
Is Binance Dex or CEX?
Binance Wallet is excited to introduce CEX to DEX trades, a new innovation that allows users to trade millions of tokens on Binance Wallet using their Binance Exchange (CEX) funds.