#CEXvsDEX101

When comparing Centralized Exchanges (CEX) and Decentralized Exchanges (DEX), it’s important to understand their core differences. CEXs, like Binance or Coinbase, are run by companies and offer user-friendly interfaces, high liquidity, and customer support. However, they require users to trust the platform with their funds and personal information. DEXs, such as Uniswap or PancakeSwap, operate without intermediaries, allowing users to trade directly from their wallets. They offer more privacy and control, but usually come with lower liquidity and more complex interfaces. Both have pros and cons depending on your goals and experience level in crypto trading.

#CEXvsDEX101