#CEXvsDEX101 - CEX (Centralized Exchange) like Binance or Coinbase, are beginner-friendly with higher liquidity and customer support. They hold your funds (custodial), meaning you trust them with your assets, and often require KYC.

DEX (Decentralized Exchange) like Uniswap or PancakeSwap, offer greater control and privacy, as you trade directly from your wallet (non-custodial) with no KYC. However, they can be less user-friendly and may have lower liquidity for certain tokens.

Choose based on your priorities: ease of use and high liquidity (CEX) vs. self-custody and privacy (DEX).

#CEXvsDEX101