#CEXvsDEX101

When it comes to trading crypto, both CEXs and DEXs have their own strengths. Centralized exchanges (CEXs) like Binance offer high liquidity, faster transaction speeds, and user-friendly interfaces — making them ideal for beginners. They also provide customer support and advanced trading tools.

On the other hand, Decentralized exchanges (DEXs) give users complete control over their assets with no intermediaries. They run on smart contracts and are great for privacy and transparency. However, they often have lower liquidity and can be complex for new users.

Ultimately, choosing between a CEX and DEX depends on your trading goals, risk tolerance, and need for control.