A big difference in the crypto world is between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges). CEXs, like Binance or Kraken, offer ease of use, liquidity, and customer support, but involve trusting a central entity. On the other hand, DEXs, like Uniswap or PancakeSwap, allow trading without intermediaries and maintain control of your funds, but require more technical knowledge and may have lower liquidity. Both have advantages depending on your goals and knowledge. Choosing one or the other depends on the level of decentralization, privacy, and autonomy you desire. #CEXvsDEX101