#CEXvsDEX101 #CEX vs DEX 101: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two types of cryptocurrency trading platforms. CEX, like Binance or Coinbase, are controlled by a central authority, offering user-friendly interfaces, high liquidity, and a wide range of assets. DEXs, such as Uniswap, operate on blockchain technology, enabling peer-to-peer transactions without intermediaries, and offering greater security, transparency, and autonomy. While CEXs provide ease of use and advanced features, DEXs prioritize decentralization, privacy, and trustless transactions, each catering to different user preferences and priorities.$BTC