#CEXvsDEX101 When comparing CEX (Centralized Exchanges) and DEX (Decentralized Exchanges), both have unique strengths and drawbacks.

CEX platforms like Binance or Coinbase offer high liquidity, fast transactions, and user-friendly interfaces. They are great for beginners. However, they require KYC, and users don’t hold their private keys — making funds vulnerable if the exchange gets hacked.