#CEXvsDEX101 In the crypto world, you have Centralized Exchanges (CEXs) like Binance and Decentralized Exchanges (DEXs) like Uniswap.

CEXs: Easy to use, with support, high liquidity, and integration with fiat money. But you do not have full control of your funds, and there is less privacy (KYC).

DEXs: You maintain full control of your keys and have more privacy, without KYC. They offer access to new tokens. However, they are more complex, with lower liquidity and no support.

The choice depends on what you are looking for: ease and fiat (CEX) or control and privacy (DEX). Many use both!