#CEXvsDEX101
In the crypto world, knowing the difference between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) is essential.
CEX platforms like Binance and Coinbase are run by companies. They’re easy to use, fast, and offer customer support. But you give up control of your funds and must share personal info (KYC).
DEX platforms like Uniswap and PancakeSwap let you trade directly from your wallet—no sign-ups, no middleman. You keep control, but they can be slower and harder to use.
CEX = Convenience & control by the platform
DEX = Freedom & control in your hands
Each has pros and cons—choose based on your needs and risk tolerance.