#OrderTypes101
Comparison between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX)** in about 100 words:
**CEX (Centralized Exchanges)** like Binance and Coinbase provide fast and user-friendly trading, but they require identity verification and store assets on their servers, making them vulnerable to hacking.
**DEX (Decentralized Exchanges)** like Uniswap and PancakeSwap allow direct trading between wallets without an intermediary or verification, giving you full control over your funds, but they are less user-friendly for beginners
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