#CEXvsDEX101 #CEXvsDEX101

Centralized Exchanges (CEXs) like Binance or Coinbase are managed by companies that control users' funds and handle trades. They’re beginner-friendly, offer high liquidity, and faster transactions—but require KYC and trust in a third party.

Decentralized Exchanges (DEXs) like Uniswap or PancakeSwap let users trade crypto directly from their wallets without intermediaries. They offer privacy, control, and are censorship-resistant, but may have lower liquidity, slower speeds, and require more technical knowledge.

Choose CEX for convenience and support. Go DEX for control and decentralization. Both play key roles in crypto trading—your choice depends on your needs and risk tolerance.