CEX and DEX are two important types of crypto exchanges.

CEX, which stands for Centralized Exchange, like Binance, where a company manages your trading.

They are easier, safer, and better in terms of liquidity.

On the other hand, DEX, which stands for Decentralized Exchange, like Uniswap or PancakeSwap, where you own your funds without any third party.

They offer more privacy but can be a bit complex for beginners.

Both have their advantages and disadvantages, but the wise choice is to understand both and select according to your needs.

#CEXvsDEX101