#CEXvsDEX101 The universe of cryptocurrencies offers two main types of platforms: centralized exchanges (CEX) and decentralized exchanges (DEX). CEXs, such as Binance and Coinbase, offer higher liquidity, customer support, and ease of use, but require trust in the custody of funds. On the other hand, DEXs, such as Uniswap and PancakeSwap, eliminate intermediaries, promoting greater privacy and control of assets, but with less liquidity and more technical interfaces. The choice depends on the balance between practicality and decentralization.

#CEXvsDEX101