#CEXvsDEX101

Centralized Exchanges (CEXs) like Binance offer high liquidity, user-friendly interfaces, and fast transactions. They are managed by a central authority, which ensures security but requires users to trust the platform. In contrast, Decentralized Exchanges (DEXs) operate without intermediaries, giving users full control of their assets. While DEXs enhance privacy and reduce custodial risk, they often suffer from lower liquidity and complex interfaces. Choosing between a CEX and a DEX depends on your priorities—security, control, speed, or convenience. Understanding both helps you navigate the crypto world smartly and safely.