#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency trading platforms. CEX, like Binance, operates on a centralized server, offering user-friendly interfaces, high liquidity, and robust security. DEX, like Uniswap, operates on a blockchain, enabling peer-to-peer transactions without intermediaries, prioritizing decentralization, transparency, and security. While CEX offers ease of use and advanced features, DEX provides greater control and autonomy. The choice between CEX and DEX depends on individual priorities regarding security, convenience, and decentralization. Understanding the differences can help users select the most suitable platform for their cryptocurrency trading needs and preferences .