#CEXvsDEX101

Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) serve the same purpose—crypto trading—but work very differently. CEXs like Binance act as intermediaries, offering high liquidity, customer support, and fast transactions. They’re great for beginners but require trust in a third party. DEXs, on the other hand, allow peer-to-peer trades without intermediaries, giving users full control of their assets. However, they often have lower liquidity and can be harder to use. Choosing between them depends on your priorities—convenience or decentralization. It’s smart to understand both and maybe even use each for different purposes. #CEXvsDEX101