#CEXvsDEX101

Comparison between Centralized (CEX) and Decentralized (DEX) platforms ** in about 100 words:

**CEX (Centralized platforms)** like Binance and Coinbase provide fast and user-friendly trading, but they require identity verification and store assets on their servers, making them susceptible to hacking.

**DEX (Decentralized platforms)** like Uniswap and PancakeSwap allow direct trading between wallets without a mediator or verification, giving you full control over your funds, but they are less user-friendly for beginners.

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