🚨🚨Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) serve the same purpose—crypto trading—but work very differently. CEXs like Binance are user-friendly, fast, and offer high liquidity. However, they require users to trust a third party with their funds. DEXs, on the other hand, are trustless and allow users full control over their wallets, but they often have lower liquidity and can be complex for beginners. CEXs are great for active trading and customer support, while DEXs are preferred for privacy and decentralization. Choosing the right one depends on your trading style and risk appetite. #CEXvsDEX101