#CEXvsDEX101

When trading crypto, you’ll hear about Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). CEXs like Binance or Coinbase are run by companies, offering high liquidity, fast trades, and user-friendly interfaces but they require KYC and custody your funds. On the other hand, DEXs like Uniswap or PancakeSwap are peer-to-peer, offer privacy, and give you full control of your crypto, but may have less liquidity and require some technical know-how. CEXs are great for ease and speed; DEXs are ideal for decentralization lovers. Each has its pros and cons depending on your needs. Want speed and support? Go CEX. Want privacy and control? DEX is your way.