#CEXvsDEX101 helps explain the difference between two ways to trade crypto: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX).
CEX platforms like Binance are easy to use, fast, and safe, but you have to trust them to keep your money safe.
DEX platforms let you stay in full control of your crypto and don’t ask for ID, but they might be slower, riskier, and have fewer people to trade with.
If you want a simple and secure experience, CEX is better. If you care more about privacy and freedom, DEX might be right for you.
Each one has good and bad sides—choose what fits your style!