#CEXvsDEX101 Publication: CEX vs DEX — which one should a beginner choose?

Cryptocurrency trading starts with choosing an exchange: centralized (CEX) or decentralized (DEX). CEXs like Binance or Coinbase are beginner-friendly: simple interfaces, high liquidity, fiat support, and customer support. But they require verification (KYC) and store your funds, which carries the risk of hacking. DEXs like Uniswap or PancakeSwap give you full control over your assets through your wallet, ensuring anonymity and security. However, they are more difficult to use, have less liquidity, and are dependent on network fees (gas). The choice depends on your priorities: convenience or independence. Start with demo accounts on Binance to try it out!