#CEXvsDEX101 : Centralized vs. Decentralized Exchanges Explained
In the evolving world of crypto, choosing where to trade is as important as what to trade. The debate between CEXs (Centralized Exchanges) and DEXs (Decentralized Exchanges) is at the heart of this decision.
CEXs like Binance and Coinbase offer user-friendly interfaces, high liquidity, and fast trade execution, but they require KYC and custody your funds. On the other hand, DEXs like Uniswap or PancakeSwap promote privacy, autonomy, and decentralization, letting you keep full control of your assets—but often with lower liquidity and higher technical risk.
CEXs are ideal for beginners and institutions, while DEXs attract those who value freedom and decentralization.
Know your priorities, understand the risks, and trade accordingly.
