#CEXvsDEX101

The {#CEXvsDEX101} debate revolves around the choice between Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) for cryptocurrency trading. CEXs, like Binance and Coinbase, offer convenience, speed, high liquidity, and customer support, but require trust in a third party, who holds your assets. DEXs, like Uniswap and PancakeSwap, prioritize user control and privacy, allowing trades directly from your wallet, but can be more complex and have lower liquidity. The best choice depends on your trading style, risk tolerance, and priorities.