#CEXvsDEX101 CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency trading platforms. CEX operates with a central authority, managing transactions and user funds, offering ease of use and liquidity. Examples include Binance and Coinbase. DEX, on the other hand, operates without a central authority, enabling peer-to-peer transactions through smart contracts, prioritizing security and decentralization. Examples include Uniswap and SushiSwap. While CEX provides a more user-friendly experience, DEX offers greater control and autonomy. The choice between CEX and DEX depends on individual priorities, such as security, ease of use, and decentralization. Each has its strengths and weaknesses.