#CEXvsDEX101

Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) is like choosing between comfort and full control.

CEXs like Binance or Coinbase offer ease of use, faster trades, customer support, and high liquidity. They're great for beginners or those who just want to buy, sell, and move on. But the catch? You don’t fully own your crypto unless you withdraw it. Your assets are managed by a third party — which means you’re trusting them with your keys, and your coins.

DEXs like Uniswap or PancakeSwap, on the other hand, let you trade peer-to-peer, directly from your wallet. No sign-ups, no middlemen. You truly own your crypto — your keys, your coins. But the trade-off is lower liquidity, slower speeds, and you’re on your own if something goes wrong. No support, no reversals.

So which is better? It depends on your priorities: convenience or control. Many traders use both , CEX for active trading, and DEX for holding or privacy. The key is understanding the pros and cons of each, and making them work for you.