Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two major types of crypto platforms. CEX like Binance are easy to use, provide fast trades, and have customer support. But they require users to trust a central authority. DEX, on the other hand, give users full control over their funds and trade directly from their wallets. They are more private and secure, but can be harder for beginners. Choosing between them depends on your priorities: ease and speed (CEX) vs. privacy and control (DEX). It's good to know both for better decision-making. #CEXvsDEX101