#CEXvsDEX101

CEX vs DEX – What’s the Difference?

• CEX (Centralized Exchange):

These are crypto exchanges managed by a company. Examples: Binance, Coinbase.

✅ Easy to use

✅ Fast trades

❌ You don’t control your private keys

• DEX (Decentralized Exchange):

These are run by smart contracts on blockchains. Examples: Uniswap, PancakeSwap.

✅ You control your own funds

✅ More privacy

❌ Sometimes harder to use