#CEXvsDEX101

CEX vs DEX 101

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two main platforms for trading crypto. CEXs like Binance or Coinbase offer user-friendly interfaces, high liquidity, and fast transactions, but require KYC and control user funds. In contrast, DEXs like Uniswap or PancakeSwap offer more privacy, full control over assets, and no intermediaries, but may lack liquidity and be slower. CEX is ideal for beginners, while DEX suits experienced traders seeking decentralization. Each has pros and cons — your choice depends on your goals: convenience or full control. Always prioritize security, and research before trading on any platform.