#CEXvsDEX101 explains the key differences between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) in the world of crypto trading. CEX platforms, like Binance or Coinbase, are operated by companies that act as intermediaries, offering user-friendly interfaces, high liquidity, and customer support. In contrast, DEX platforms like Uniswap or PancakeSwap allow peer-to-peer trading without intermediaries, giving users more control over their assets and privacy. While CEXs are often faster and regulated, DEXs offer greater transparency and decentralization. Understanding both helps investors choose the right platform based on their needs, risk tolerance, and trading style. #CryptoBasics#Blockchain101 #DeFiExplained #CryptoTrading#KnowYourExchange
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