#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two main types of crypto trading platforms. CEX is managed by a central authority and offers faster transactions, higher liquidity, and user-friendly interfaces. Examples include Binance and Coinbase. In contrast, a DEX works without a middleman, using blockchain technology and smart contracts to allow peer-to-peer trading. Examples include Uniswap and PancakeSwap. DEXs provide more privacy and control but may have slower speeds and less support. Both have pros and cons, and choosing between$ them depends on your trading style, experience, and security preferences.