#CEXvsDEX101 , it's important to understand the difference between centralized exchanges (CEXs) and decentralized exchanges (DEXs). Centralized exchanges like Binance and Coinbase offer high liquidity and a simple user experience, but they require trust in a central authority to hold your funds. Decentralized exchanges like Uniswap and PancakeSwap don't require intermediaries and give you complete control over your assets, but they can be less accessible for beginners and lack technical support. Choosing between them depends on your needs: if you prefer security and control, a DEX is a good option, while if you're looking for ease and speed, a CEX may be more