#CEXvsDEX101 Centralized Exchanges (CEXs) like Binance offer user-friendly interfaces, high liquidity, and robust security, making them ideal for beginners and active traders. They act as intermediaries, holding your funds and executing trades efficiently.

Decentralized Exchanges (DEXs), on the other hand, let users trade directly from their wallets, offering full control and privacy. However, they may have lower liquidity and require more technical knowledge.