#Post with hashtag #CEXvsDEX101 CEX vs DEX 101 on the Binance refers to the comparison between:
1. *CEX (The Centralized Exchange)*: The Binance itself, where the transactions are managed centrally.
2. *DEX (The Decentralized Exchange)*: The Platforms like Uniswap, where the transactions occur directly between users without intermediaries.
Key differences:
1. *Control*: The CEX has central authority, while DEX operates autonomously.
2. *Security*: The CEX holds user funds, while DEX users retain control.
3. *Liquidity*: The CEX often has higher liquidity.
The Binance might discuss these differences to help users choose between centralized and decentralized the trading options, each with its pros and cons.