#CEXvsDEX101 refers to a basic or introductory comparison between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges), two types of platforms used for trading cryptocurrencies. If you mention this in the context of Binance, here is a clear summary to understand the differences and how Binance relates to both:

What is a CEX?

(Centralized Exchange~^\Example: Binance (main platform)

Operated by a central company (like Binance).

Registration and KYC verification are required.

Higher liquidity and volume.

User-friendly interface for beginners.

Customer support and features like stop-loss, margin, etc.

Day risk: the exchange can control your funds.