#CryptoSecurity101 Centralized Platform: A third-party platform manages transactions, holds users' funds, and facilitates trading.

- Examples: Binance( both Dex and Cex), Coinbase, Kraken

-Pros: User-friendly interface, high liquidity, advanced trading features

-Cons: Security risks, dependence on the exchange's infrastructure, potential for censorship

DEX (Decentralized Exchange)

-Decentralized Platform: Trades are executed directly between users on a blockchain, without a central authority controlling transactions.

-Examples: Uniswap, SushiSwap, PancakeSwap

-Pros: Increased security, transparency, and control over funds, reduced risk of censorship

-Cons: Can be complex to use, lower liquidity