#CEXvsDEX101 CEX vs DEX 101 is the basic introduction to the difference between centralized exchanges (CEX) and decentralized exchanges (DEX):

• CEX (Centralized Exchange): Platforms like Binance and Coinbase. They offer high liquidity, customer support, and user-friendly interfaces, but require identity verification (KYC) and custody of assets by the company's own servers.

• DEX (Decentralized Exchange): Platforms like Uniswap and PancakeSwap. They operate via smart contracts, without intermediaries. Users maintain full control of their funds. They are more private, but may have lower liquidity and require more technical knowledge.

Both have advantages and risks. The choice depends on the desired security, convenience, and control.