#CEXvsDEX101 Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) offer different crypto trading experiences. CEXs, like Binance or Coinbase, are user-friendly and offer high liquidity, but require trust in a third party. DEXs, like Uniswap or PancakeSwap, let users trade peer-to-peer without intermediaries, prioritizing privacy and control. CEXs often support fiat and advanced tools, while DEXs provide greater transparency and security through smart contracts. Choosing between them depends on your priorities: convenience and speed (CEX) or autonomy and decentralization (DEX). Understanding both is key to navigating the crypto world wisely. Which one do you prefer? 🤔 #CryptoBasics #BlockchainExplained