#CEXvsDEX101: Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs) are two key platforms for crypto trading. CEXs like Binance and Coinbase offer user-friendly interfaces, fast transactions, and customer support but require users to trust a third party with their funds. DEXs like Uniswap and PancakeSwap allow peer-to-peer trading without intermediaries, giving users full control of their assets, but often come with a steeper learning curve and lower liquidity. Choosing between them depends on your need for convenience versus control. CEXs are ideal for beginners, while DEXs appeal to those valuing privacy and decentralization. Know the pros and cons before trading.