#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) differ in their architecture and operation. CEX, such as Binance, is controlled by a central authority, offering high liquidity, user-friendly interfaces, and advanced trading features. DEX, like Uniswap, operates on a blockchain, allowing peer-to-peer transactions without intermediaries, prioritizing decentralization, transparency, and security. While CEX provides ease of use and robust security measures, DEX offers greater control and autonomy. The choice between CEX and DEX depends on individual priorities regarding security, convenience, and decentralization. Understanding these differences can help users select the most suitable platform for their cryptocurrency trading needs and preferences effectively.