#CEXvsDEX101

Centralized vs. Decentralized Exchanges: Key Differences**

When trading crypto, one of the first decisions you’ll face is whether to use a **Centralized Exchange (CEX)** like Binance or Coinbase or a **Decentralized Exchange (DEX)** like Uniswap or dYdX. Here’s a quick breakdown:

🔵 **CEX Pros:**

✔️ Faster transactions & high liquidity

✔️ User-friendly (great for beginners)

✔️ Advanced trading tools (futures, margin, etc.)