#CEXvsDEX101 #CEXvsDEX101 In contrast, a DEX like Uniswap or PancakeSwap allows peer-to-peer trading using smart contracts. It offers greater privacy and gives full control of funds to users. However, DEXs often suffer from lower liquidity, slower execution, and may be confusing for beginners.

Each has its pros and cons — CEXs are better for beginners and active traders, while DEXs align more with the decentralized ethos of crypto. Choose based on your security preferences, experience, and trading needs.